General Knowledge Questions

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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Filed Under: Indian Economy
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Q:

Which among the following countries , occupies the largest chunk of the Sunderbans Delta?

A) Bangladesh B) Burma
C) India D) Thailand
 
Answer & Explanation Answer: A) Bangladesh

Explanation:

Sunderbans is the name given to the dense impenetrable  tidal/ mangrove forest of Ganges-Brahmaputra delta because of abundant sundari trees found here.

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Filed Under: World Geography

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Q:

The Steel Man of India and former chief of Tisco (now Tata Steel) who passed away recently

Answer

Russi Mody

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Q:

Geostationary orbit is at a height of

A) 6 km B) 1000 km
C) 3600 km D) 36,000km
 
Answer & Explanation Answer: D) 36,000km

Explanation:
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Filed Under: World Geography

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Q:

Choose odd one out

A) Cyberspace B) Internet
C) HTML D) WWW
 
Answer & Explanation Answer: C) HTML

Explanation:
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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

Conservation of energy refers to the fact that

A) if you conserve energy you will not be as tired B) energy cannot be created or destroyed but can be converted from one form to another
C) no chemical reaction is 100 percent efficient D) the entropy of the universe is always increasing
 
Answer & Explanation Answer: B) energy cannot be created or destroyed but can be converted from one form to another

Explanation:

"Conservation of energy" refers to the fact that energy cannot be created or destroyed but can be converted from one form to another.

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Filed Under: Physics
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Q:

Who is the first woman lawyer to be appointed as Supreme court judge?

A) Indu Malhotra B) Fathima Beevi
C) R. Banumathi D) Ruma Pal
 
Answer & Explanation Answer: A) Indu Malhotra

Explanation:

Supreme Court collegium has selected senior advocate Indu Malhotra as the first woman lawyer to be directly appointed as a judge of the apex court.

Along with Malhotra, Uttarakhand High Court Chief Justice KM Joseph has also been promoted as a Supreme Court justice.

Malhotra holds the distinction of being only the second woman in Supreme Court’s history to be designated as a senior advocate in 2007.

In all, Malhotra is going to be the seventh woman judge since independence to make it to the Supreme Court.

At present, Justice R Banumathi is the lone woman judge in the apex court.

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Filed Under: General Awareness
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Q:

City with most Bridges in the world is _________

Answer

Hamburg, Germany, is located on the river Elbe at the point where it meets the Bille and Alster rivers. The canals, rivers and streams within the city are crossed by a total of 2,302 bridges-more than the cities of Vanice and Amsterdam combined.

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