Questions

Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Filed Under: Indian Economy
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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: D) decrease; increase

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Q:

First established Indian Institute of Technology (IIT)?

A) IIT Bombay B) IIT Madras
C) IIT Delhi D) IIT Kharagpur
 
Answer & Explanation Answer: D) IIT Kharagpur

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Filed Under: General Awareness
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Q:

What is the minimum age required to become a member of municipality?

A) 15 years B) 20 years
C) 21 years D) 25 years
 
Answer & Explanation Answer: C) 21 years

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Filed Under: Indian Politics
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Q:

Which bill can be introduced without the prior recommendation of the President of India?

A) Money Bill B) Finance Bill
C) Ordinary Bill D) No option is correct
 
Answer & Explanation Answer: C) Ordinary Bill

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Q:

What does the kinetic energy (KE) of a moving body depend upon?

A) Mass & its position B) Weight & its position
C) Mass & acceleration D) Mass & velocity
 
Answer & Explanation Answer: D) Mass & velocity

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Filed Under: Physics
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Q:

A sentence has been given in Active/Passive Voice.  Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.

 

The rascal cheated him out of his money.

 

A) His money was cheated out by the rascal. B) He was cheated out of his money by the rascal.
C) He was cheated out of money by the rascal. D) Money was cheated by the rascal of him.
 
Answer & Explanation Answer: B) He was cheated out of his money by the rascal.

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Filed Under: English
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