Questions

Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

___________________________ is an Indian Government Savings Bond, primarily used for small savings and income tax saving investments in India.

A) Provident Fund B) Life Insurance Policies
C) National Saving Certificate D) Long term government bonds
 
Answer & Explanation Answer: C) National Saving Certificate

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Q:

The skin, the lining of the mouth, the lining of the blood vessels, lung alveoli and kidney tubules are all made of which type of tissue?

A) Epithelial tissue B) Connective tissue
C) Muscular tissue D) Nervous tissue
 
Answer & Explanation Answer: A) Epithelial tissue

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The production possibilities curve illustrates the basic principle that

A) an economy's capacity to produce increases in proportion to its population size. B) the production of more of any one good will in time require smaller and smaller sacrifices of other goods.
C) an economy will automatically seek that level of output at which all of its resources are employed. D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.
 
Answer & Explanation Answer: D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

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Q:

Alkali metals are assigned which group in the Modern Periodic Table?

A) Second group B) Eighteenth group
C) Third group D) First group
 
Answer & Explanation Answer: D) First group

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Filed Under: Chemistry
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Q:

What of the following refers to hypotheses which are confirmed by varied tests?

A) Assumption B) Theory
C) Answer D) Opinion
 
Answer & Explanation Answer: B) Theory

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Filed Under: General Science
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Q:

Saffron is produced in a large scale in

A) Himachal Pradesh B) Gujarat
C) Jammu and Kashmir D) Kerala
 
Answer & Explanation Answer: C) Jammu and Kashmir

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Filed Under: Indian Geography
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Q:

7 workers work in a printing press. Each gets paid Rs 450 per day. The 8th worker demands Rs 500 per day. If this worker is hired then all other workers must be paid Rs 500. The marginal resource (labour) cost of the 8th worker is _______.

A) Rs 50 B) Rs 850
C) Rs 400 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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