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Q:

Supply curves tend to be

A) more elastic in the long run, because there is time for firms to enter or leave the industry. B) less elastic in the long run, because there is time for firms to enter or leave an industry.
C) perfectly elastic in the long run, because consumer demand will have sufficient time to adjust fully to changes in supply. B. D) None of the above
 
Answer & Explanation Answer: A) more elastic in the long run, because there is time for firms to enter or leave the industry.

Explanation:

Supply curves tend to be more elastic in the long run, because there is time for firms to enter or leave the industry.

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Filed Under: Indian Economy
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Q:

A compact disc is a data storage of the type

A) Optical B) Mechanical
C) Eclectric D) Magnetic
 
Answer & Explanation Answer: A) Optical

Explanation:
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Filed Under: Computer
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Which state decided to set up anti-poaching tiger protection force?

A) Andhra Pradesh B) Karnataka
C) Telangana D) Haryana
 
Answer & Explanation Answer: C) Telangana

Explanation:
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Filed Under: General Awareness
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Q:

Which high court has ruled against negative marking in competitive examinations?

A) Madras High Court B) Bombay High Court
C) Hyderabad High Court D) Delhi High Court
 
Answer & Explanation Answer: A) Madras High Court

Explanation:
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Filed Under: Indian History
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Q:

If depreciation exceeds gross investment

A) the economy's stock of capital is growing B) the economy's stock of capital may be either growing or shrinking
C) net investment is zero D) the economy's stock of capital is shrinking
 
Answer & Explanation Answer: D) the economy's stock of capital is shrinking

Explanation:
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Filed Under: Indian Economy
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Q:

A business organized as a corporation 

A) Is owned by its stockholders B) Has tax advantages over a proprietorship or partnership
C) Is not a separate legal entity in most states D) Requires that stockholders be personally liable for the debts of the business
 
Answer & Explanation Answer: A) Is owned by its stockholders

Explanation:

A business organized as a corporation is owned by its stockholders.

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Filed Under: Business Awareness
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Q:

At what rate of compound interest per annum will a sum of Rs 10000 become Rs 12321 in 2 years?

A) 22 percent B) 11 percent
C) 7 percent D) 15 percent
 
Answer & Explanation Answer: B) 11 percent

Explanation:
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Filed Under: Compound Interest
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Who was the first woman to fly around the world?

A) Geraldine B) Amelia Earhart
C) Jennifer Murray D) None of the above
 
Answer & Explanation Answer: A) Geraldine

Explanation:

Geraldine Mock "Jerry" was the first woman to fly around the world successfully in the year 1964.

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Filed Under: Famous Personalities
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