Questions

Q:

In terms of economics, if it is possible to make someone better­off without making someone worse­off, then the situation is

A) Inefficient B) Efficient
C) Optimal D) Pareto­superior
 
Answer & Explanation Answer: D) Pareto­superior

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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

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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Q:

Debenture holders of a company are its ___________.

A) Shareholders B) Creditors
C) Debtors D) Directors
 
Answer & Explanation Answer: B) Creditors

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Q:

Rate of the growth of an economy is measured in terms of

A) National income B) Monthly family income
C) Number of people who have been lifted above the poverty line D) Industrial Development
 
Answer & Explanation Answer: A) National income

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Q:

Contraction of heart is also known as

A) Systole B) Aristotle
C) Diastole D) Lub
 
Answer & Explanation Answer: A) Systole

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Filed Under: Biology
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Q:

Which subatomic particle determines the identity of an element?

A) Electrons B) Protons
C) Neutrons D) All the above
 
Answer & Explanation Answer: B) Protons

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Filed Under: Biology
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Q:

Before its Independence, Bangladesh was part of ___________.

A) India B) China
C) Pakistan D) United Kingdom
 
Answer & Explanation Answer: C) Pakistan

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Filed Under: World Geography
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