Questions

Q:

The book ' Redesigning the Aeroplane While Flying : Reforming Institutions' is written by

Answer

Arun Maira

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Q:

What was one outcome of laissez faire economic policies?

A) Poverty traps that cannot be escaped through free choice B) Monopoly power that emerges naturally in the market and allows businesses to exploit consumers
C) Businesses pay workers low D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Laissez-faire is simply a way to describe a government's hands-off approach to economic policies. This approach was particularly prevalent in the United States at the turn of the 20th century, which led to numerous issues within American manufacturing.

 

There are many outcomes of laissez-faire economic policies. Some of the outcomes of laissez-faire economics were:

* Businesses pay workers low.

* Pollution of air and water.

* Poverty traps that cannot be escaped through free choice. 

* General glut that results from overproduction or underconsumption

* Monopoly power that emerges naturally in the market and allows businesses to exploit consumers. 

* Exploitation of the working class that pushes wages down to subsistence and compels laborers to work in harsh and unsafe conditions. 

* External economies that generate situations where desirable goods are underproduced on the market, and undesirable goods are overproduced on the market. 

* Public goods that are not supplied by the market due to free-rider problems.

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Filed Under: Indian Economy
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Q:

Where is the Forest Reserve Institute of India located

A) Bhopal B) Dehradum
C) Lucknow D) Delhi
 
Answer & Explanation Answer: B) Dehradum

Explanation:
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Q:

Which IRQ does the system timer commonly use?

A) IRQ 1 B) IRQ 0
C) IRQ 3 D) IRQ 4
 
Answer & Explanation Answer: B) IRQ 0

Explanation:

IRQ-0 is the system timer commonly use in all computers. In a computer, IRQ is an interrupt request which acts as a hardware signal sent to the processor that temporarily stops a running program and allows a special program, an interrupt handler, to run instead.

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Filed Under: Computer
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Q:

Foliated rocks are distinguished by

A) layers B) minerals
C) colors D) names
 
Answer & Explanation Answer: A) layers

Explanation:

Foliated rocks are distinguished by layers.

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Filed Under: General Awareness
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Q:

In economics, if a good is inelastic,

A) its supply or demand is not sensitive to price changes. B) consumers have lost an interest in purchasing it.
C) producers have lost an interest in manufacturing it. D) its supply or demand is too sensitive to price changes.
 
Answer & Explanation Answer: A) its supply or demand is not sensitive to price changes.

Explanation:

If the percent change in quantity demanded is less than the percent change in price, economists label the demand for the good as inelastic.

A good that is inelastic does not have very stretchy demand. In economic terms, the quantity demanded does not change a lot when the price changes.

 

So, if the price of a good increases by 10 percent and the quantity demanded decreases by only 5 percent or less than 10, that good is said to have inelastic demand.

 

Hence, in this case, consumers are not considered very sensitive, or responsive, to a change in the price of that good.

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Q:

Which event occurs during interphase?

A) Centrioles appear B) Spindle fibers begin to form
C) The cell grows D) Centromeres divide
 
Answer & Explanation Answer: C) The cell grows

Explanation:

The cell carries out the metabolic processes and it grows during interphase.

The cell cycle has three phases that must occur before mitosis, or cell division happens. These three phases are collectively known as interphase. They are G1, S, and G2.

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Filed Under: Biology
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Q:

Brazil-based bus body maker Marcopolo has entered into a Joint venture with which Indian Company to manufacture fully-built buses and coaches?

A) Swaraz Mazda B) Ashok Leyland
C) Eicher D) Tata Motors
 
Answer & Explanation Answer: D) Tata Motors

Explanation:
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Filed Under: Business Awareness

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