Questions

Q:

Government borrowing to finance budget deficits _____.

A) will exert downward pressure on interest rates B) will have no effect on interest rates
C) will increase supply of loanable funds D) will put upward pressure on interest rates
 
Answer & Explanation Answer: D) will put upward pressure on interest rates

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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line. B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one. D) APS is positive at all income levels.
 
Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Q:

Urbanization and unsustainable development in India raised several environmental concerns but NOT one among the following.

A) Deforestation B) Soil degradation
C) Depletion of natural resources D) Erratic monsoon
 
Answer & Explanation Answer: D) Erratic monsoon

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Q:

The Dr. B. C. Roy awards, instituted in 1962, are given to eminent achievers primarily from which field?

A) Medicine B) Law
C) Sports D) Journalism
 
Answer & Explanation Answer: A) Medicine

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Q:

Which of the following Indian women cricket openers scored 320 in 45.3 overs to become the world's first pair to achieve a 300-run opening wicket partnership in a one-day internationals(ODIs)?

A) Deepti Sharma and Poonam Raut B) Diana Edulji and Mitali Raj
C) Mitali Raj and Deepti Sharma D) Poonam Raut and Mitali Raj
 
Answer & Explanation Answer: A) Deepti Sharma and Poonam Raut

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Q:

The centroid of a triangle is the point where

A) the medians meet B) the altitudes meet
C) the right bisectors of the sides of the triangle meet D) the bisectors of the angles of the triangle meet
 
Answer & Explanation Answer: A) the medians meet

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Q:

In each of the following question below are given some statements followed by some conclusions. Taking the given statements to be true even if they seem to be at variance from commonly known facts, read all the conclusions and then decide which of the given conclusion logically follows the given statements.

Statements:

I. Some pens are pencils.
II. All pencils are erasers.

Conclusions:

I. Some pens are erasers.
II. No pens are erasers.
III. Some erasers are pencils

A) Only conclusion (II) follows. B) Only conclusion (I) and (II) follow
C) Only conclusion (I) and (III) follow D) No conclusion follows
 
Answer & Explanation Answer: C) Only conclusion (I) and (III) follow

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Q:

___________ is an alternative way of representing the production function.

A) The Short Run B) The Long Run
C) Isoquant D) Average product
 
Answer & Explanation Answer: C) Isoquant

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