Questions

Q:

Which of the following scientists gave the law that governs the force of attraction/repulsion between two charged particles?

A) Charles Dufay B) Michael Faraday
C) Archimedes D) Charles Coulomb
 
Answer & Explanation Answer: D) Charles Coulomb

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

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

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Q:

Black soil is also known by which of the following name ?

A) Khadar Soil B) Bangar Soil
C) Alluivial Soil D) Regur soil
 
Answer & Explanation Answer: D) Regur soil

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Q:

On 19 September 2017, Law Ministry approved Fugitive Economic Offenders Bill, 2017. The proposed bill will be applicable in cases where the value of offences is over ______.

A) Rs 100 crores B) Rs 50 crores
C) Rs 25 crores D) Rs 200 crores
 
Answer & Explanation Answer: A) Rs 100 crores

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Q:

The Tableau of which state was adjudged best at the Republic Day parade?

A) Gujarat B) Uttar Pradesh
C) Tripura D) Assam
 
Answer & Explanation Answer: B) Uttar Pradesh

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Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good B) Giffin good
C) Inferior good D) Normal good
 
Answer & Explanation Answer: A) Superior good

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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

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