Questions

Q:

Which of the following is called GDP Deflator?

A) Ratio of nominal to real GDP B) Ratio of nominal to real GNP
C) Ratio of nominal to real CPI D) Ratio of real to nominal GNP
 
Answer & Explanation Answer: A) Ratio of nominal to real GDP

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
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Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs B) price = average profit
C) price = marginal costs = minimum average total costs D) price = minimum average variable costs
 
Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

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Filed Under: Indian Economy
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Q:

Which one of the following oxides of Nitrogen is also known as Laughing Gas?

A) NO2 B) N2O5
C) NO D) N2O
 
Answer & Explanation Answer: D) N2O

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Filed Under: Chemistry
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Q:

In which year did Ole Romer measure the speed of light for the first time in the history?

A) 1776 B) 1676
C) 1876 D) 1867
 
Answer & Explanation Answer: B) 1676

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Filed Under: General Science
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Q:

Article 21 of the Indian Constitution "Protection of life and personal liberty" deals with?

A) the Union Government B) the fundamental rights of the Indian Citizen
C) the State Government D) the directive principles of state policy
 
Answer & Explanation Answer: B) the fundamental rights of the Indian Citizen

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Filed Under: Indian Politics
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Q:

In August 2017, National Highway Authority of India (NHAI) launched two mobile apps named ‘MyFASTag’ and ‘______’.

A) FASTag Lane B) FASTag Partner
C) FASTag First D) FASTag Life
 
Answer & Explanation Answer: B) FASTag Partner

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Filed Under: General Awareness
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Q:

____ jointly launched International Solar Alliance (ISA) at Conference of Parties (CoP21) Climate Conference held in Paris, France on 1st December 2015.

 

 

A) India and China B) India and France
C) India and USA D) India and Russia
 
Answer & Explanation Answer: B) India and France

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Filed Under: General Awareness
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