Q:

__________ is defined as the output per unit of variable input

A) Marginal product	B) Production function
C) Total product	D) Average product

Answer & Explanation Answer: D) Average product

Explanation:

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Filed Under: Indian Economy
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Q:

An increase in the growth rate of the nominal money supply results in

A) Lower rate of inflation	B) Higher rate of inflation
C) Lower interest rates	D) Currency appreciation

Answer & Explanation Answer: B) Higher rate of inflation

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Q:

Which three processes are methods of genetic recombination?

A) independent assortment	B) Crossing over
C) fertilization	D) All the above

Answer & Explanation Answer: D) All the above

Explanation:

Genetic recombination is a complex process that involves alignment of two homologous DNA strands, precise breakage of each strand, equal exchange of DNA segments between the two strands, and sealing of the resultant recombined DNA molecules through the action of enzymes called ligases.

Crossing over, independent assortment and fertilization are methods of genetic recombination.

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Q:

In India, how much percent of GDP is the fiscal deficit target for the Financial Year 2017-18?

A) 4.20%	B) 3.20%
C) 2.20%	D) 4.00%

Answer & Explanation Answer: B) 3.20%

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Q:

Goods for which demand move in the opposite direction of the income of the consumer are called?

A) Inferior goods	B) Normal goods
C) Complementary goods	D) Substitute goods

Answer & Explanation Answer: A) Inferior goods

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Q:

_______ is issued when the court finds that a particular office holder is not doing legal duty and thereby is infringing on the right of an individual.

A) Habeas Corpus	B) Mandamus
C) Prohibition	D) Quo Warranto

Answer & Explanation Answer: B) Mandamus

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Q:

Which of these countries got Independence from United Kingdom?

A) Uzbekistan	B) India
C) Venezuela	D) South Korea

Answer & Explanation Answer: B) India

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Q:

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

A) CPA	B) REB
C) QUD	D) AOT

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