Questions

Q:

In economic equilibrium _____

A) supply is equal to the demand. B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply D) price elasticity of demand is unity
 
Answer & Explanation Answer: A) supply is equal to the demand.

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Filed Under: Indian Economy
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Q:

Stagflation exists when _____

A) price indices and output both decrease. B) price indices increase but output decreases.
C) price indices and output both increase. D) price indices decrease but output increases.
 
Answer & Explanation Answer: B) price indices increase but output decreases.

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: E-waste is valuable as a source of secondary raw material.
Q: But it is also toxic if disposed of improperly.
R: When we talk about recycling household and work place things, we tend to ignore or are less aware of how to deal with the electrical and electronic waste (sometimes called e-waste).
S: Due to rapid technology change, obsolescent items have created a fast growing mass of electronic waste around the globe.

A) RQPS B) QSPR
C) PQSR D) RPQS
 
Answer & Explanation Answer: D) RPQS

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Filed Under: English
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Q:

Find the odd word/letters/number pair from the given alternatives.

A) BDFH B) ACEG
C) IKMO D) RTVW
 
Answer & Explanation Answer: D) RTVW

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Q:

If the angles of a triangle are in the ratio of 2:3:4, then the difference of the measure of greatest angle and smallest angle is

A) 20° B) 30°
C) 40° D) 50°
 
Answer & Explanation Answer: C) 40°

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Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

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Filed Under: Indian Economy
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Q:

Which State in India has the highest forest cover?

A) Kerala B) Madhya Pradesh
C) Maharashtra D) Bihar
 
Answer & Explanation Answer: B) Madhya Pradesh

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Filed Under: Indian Geography
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Q:

Which Oil company has successfully conducted a 'Proof of Concept' feasibility study on 'Zero-emission electric mobility'?

A) Bharat Petroleum Corporation Ltd (BPCL) B) Oil India Ltd (OIL)
C) Indian Oil Corporation Ltd (IOCL) D) Reliance Industries Ltd (RIL)
 
Answer & Explanation Answer: C) Indian Oil Corporation Ltd (IOCL)

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Filed Under: General Awareness
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