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Q:

An increase in the price of product A will

A) reduce the demand for resources used in the production of A. B) reduce the demand for substitute product B
C) increase the demand for complementary product C. D) increase the demand for substitute product B.
 
Answer & Explanation Answer: D) increase the demand for substitute product B.

Explanation:

If the price of a product rises, the demand for the substitute product increases.

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Q:

The long run aggregate supply curve is vertical because

A) there is no cyclical inflation B) potential GDP is low
C) at full employment prices are stable D) all of the above
 
Answer & Explanation Answer: C) at full employment prices are stable

Explanation:

The long-run aggregate supply curve is vertical because it is at the full-employment or potential output. Because the economy's potential output is determined by the availability and productivity of real resources, not by the price level. That means that even if demand increases, firms can't hire new workers and expand because everyone is already working.

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Filed Under: Indian Economy
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Q:

In the following question, out of the four alternatives, select the word opposite in meaning to the word given.

Irk

A) Attract B) Discourage
C) Irritate D) Please
 
Answer & Explanation Answer: D) Please

Explanation:
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Filed Under: English
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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

"Phew," said I, grabbing

X-cheerfully round my head
Y-at the halo of flies
Z-which buzzed

A) YZX B) YXZ
C) XZY D) XYZ
 
Answer & Explanation Answer: A) YZX

Explanation:
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Q:

Indus Valley Civilization flourished during

A) 2500-1750 B.C B) 1500-500 B.C
C) 5000-3500 B.C D) 3000-1500 B.C
 
Answer & Explanation Answer: A) 2500-1750 B.C

Explanation:

Indus Valley Civilization flourished during 2500-1750 B.C. Indus Valley Civilization is also called as Bronze age civilization.

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Q:

Which of the following has the highest boiling point?

A) 2,3-dimethylbutane B) 2-methylpentane
C) 2,2-dimethylbutane D) 1,2-methylpentane
 
Answer & Explanation Answer: C) 2,2-dimethylbutane

Explanation:

Due to the molecules present in the 2,2-dimethylbutane are closely packed, it has the highest boiling point.

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Filed Under: Chemistry
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Q:

India play its 1st one day international match against

A) Ireland B) England
C) Pakistan D) West Indies
 
Answer & Explanation Answer: B) England

Explanation:

India played its first One Day International (ODI) match in cricket in the year 1974. It played against England team in Headingley in Leeds. Ajit Laxman Wadekar led the Indian cricket team as the first ODI captain.

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Q:

Natwar Thakkar was popularly known as

A) Manipur's Gandhi B) Modern day Gandhi
C) Nagaland's Gandhi D) Nagaland's Iron man
 
Answer & Explanation Answer: C) Nagaland's Gandhi

Explanation:

Natwar Thakkar, a Padma Shree awardee was popularly known as Nagaland's Gandhi as he had founded Gandhi Ashram in Nagaland's Chuchuyimlang.

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