Questions

Q:

An increase in the price of a good will

A) decrease demand B) increase quantity demanded
C) increase demand D) decrease quantity demanded
 
Answer & Explanation Answer: D) decrease quantity demanded

Explanation:

In economics we study that, if the price of a good increases the demand in its quantity decreases or the demand for its complimentary good increases.

 

For example, if the rice of a good increased by 5%, the demand in its quantity decreases by 10% approximately.

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Filed Under: Business Awareness
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Q:

The primary goal of a business firm is to

A) maximize profit B) increase its production
C) make a quality product D) promote workforce job satisfaction
 
Answer & Explanation Answer: A) maximize profit

Explanation:

The primary goal of a business firm is to maximize profit.

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Q:

Under Article 352 of the Constitution of India, an emergency can be declared if security of any part of India is threatened by 1.war2.external aggression3.armed rebellion4.internal disturbanceSelect the correct answer using the code given below.

A) 1, 2 and 3 B) 2, 3 and 4
C) 1 and 2 only D) 1 and 2 only
 
Answer & Explanation Answer: A) 1, 2 and 3

Explanation:

The 44th Constitutional Amendment Act, replaced the phrase ‘internal disturbance’ with the ‘armed rebellion’ to avoid its misuse by the government in power.

 

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Filed Under: Indian Politics
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Q:

____________ scheme by the Central Government aims at setting up an organized rural Panchayat in order to make the villages more self-sustained.

A) Gram Uday Se Bharat Uday Abhiyan B) Pradhan Mantri Ujjwala Yojana
C) Pradhan Mantri Surakshit Matritva Yojana D) Vidyanjali Yojana
 
Answer & Explanation Answer: A) Gram Uday Se Bharat Uday Abhiyan

Explanation:
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Q:

To convert temperature from Celcius to Kelvin scale, you must ___ the given temperature.

A) subtract 273 B) multiply 273
C) add 273 D) divide by 273
 
Answer & Explanation Answer: C) add 273

Explanation:
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Filed Under: Physics
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Q:

Out of the four alternatives, choose the one which can be substituted for the given words/sentences and click the button corresponding to it.

A man who collects old and new coins.

A) Geologist B) Numismatist
C) Archaeologist D) Zoologist
 
Answer & Explanation Answer: B) Numismatist

Explanation:
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Q:

Animals in which the cells are arranged in three embryonic layers are called ________.

A) Diploblastic B) Ectoderm
C) Tripoblastic D) Endoderm
 
Answer & Explanation Answer: C) Tripoblastic

Explanation:
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Filed Under: Biology
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Q:

In the following question, out of the four alternatives, choose the word which is opposite in meaning to the given word and click the button corresponding to it.

FORLORN

A) JOYFUL B) LUCKY
C) FORTUNATE D) FREE
 
Answer & Explanation Answer: A) JOYFUL

Explanation:
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