Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases.	B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases.	D) if the price of a good increases, the quantity demanded of that good increases.

Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Full employment is the level at which there is _____.

A) no frictional unemployment	B) no cyclical unemployment
C) no structural unemployment	D) no unemployment

Answer & Explanation Answer: B) no cyclical unemployment

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The determinants of aggregate supply -

A) Capital stock	B) Wages
C) Technology	D) All of the above

Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

Which is the form of market where there is lack of competition?

A) Monopoly	B) Oligopoly
C) Perfect competition	D) Marketisation

Answer & Explanation Answer: A) Monopoly

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Anaerobic respiration refers to which of the following?

A) Respiration without Oxygen	B) Respiration with Oxygen
C) Respiration without CO2	D) Respiration with CO2

Answer & Explanation Answer: A) Respiration without Oxygen

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

How many versions of each trait will be there in each child as per the rules for the inheritance of traits?

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: B) 2

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

According to Ohm's law, if current (I) increase and potential difference (V) remains constant, then

A) resistance unchanged	B) resistance decreases
C) potential difference decreases	D) resistance increases

Answer & Explanation Answer: B) resistance decreases

Explanation:

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

Which of the following Country doesn't have a written Constitution?

A) United Kingdom	B) Australia
C) United States of America	D) Bangladesh

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