Questions

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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Filed Under: Indian Economy
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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 number of valence electrons in an atom of Phosphorous is

A) 4 B) 3
C) 2 D) 5
 
Answer & Explanation Answer: D) 5

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Filed Under: Chemistry
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Q:

Identify an example of a connective tissue in humans.

A) Fibres B) Bone
C) Muscles D) Cell
 
Answer & Explanation Answer: B) Bone

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Filed Under: Biology
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Q:

Which of the following is a feature of aerobic metabolism?

A) energy is produced more slowly than in anaerobic metabolism B) energy is observed more slowly than in anaerobic metabolism
C) energy is produced more fastly than in anaerobic metabolism D) energy is observed more fastly than in anaerobic metabolism
 
Answer & Explanation Answer: A) energy is produced more slowly than in anaerobic metabolism

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Filed Under: Biology
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Q:

The Union Home Ministry will set up an Indian Cyber Crime Coordination Centre (14C), an apex coordination centre at which place to deal with cybercrimes?

 

A) Hyderabad B) Pune
C) Bengaluru D) New Delhi
 
Answer & Explanation Answer: D) New Delhi

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Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3% B) 10%
C) 2.50% D) 7%
 
Answer & Explanation Answer: B) 10%

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Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist B) Socialist
C) Mixed D) Both Capitalist and Socialist
 
Answer & Explanation Answer: A) Capitalist

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