Questions

Q:

Which of the following is a tertiary activity?

A) Farming B) Manufacturing
C) Dairying D) Trading
 
Answer & Explanation Answer: D) Trading

Explanation:
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Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Q:

The determinants of aggregate supply -

A) Capital stock B) Wages
C) Technology D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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Q:

Which is the political party started by Telugu film actor Chiranjeevi, who later merged it with the Indian National Congress?

A) Nava Nirman Party B) Andhra Pride Party
C) Telugu Desam Party D) Praja Rajyam Party
 
Answer & Explanation Answer: D) Praja Rajyam Party

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Q:

Two identical resistors, each of 10 ohm, are connected in parallel. This combination, in turn, is connected to a third resistor of 10 ohm. The equivalent resistance of the combination is ___.

A) 30 ohm B) 5 ohm
C) 15 ohm D) 10 ohm
 
Answer & Explanation Answer: C) 15 ohm

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Filed Under: Physics
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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:

After his stint as the Reserve Bank Governor, which University in USA did Raghuram Rajan join as professor of Finance?

A) Harvard Business School, Boston B) Berkeley Haas, California
C) Booth School, Chicago D) Columbia Business School, New York
 
Answer & Explanation Answer: C) Booth School, Chicago

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Q:

Which one of the following countries does not have football as their national sport?

A) Ghana B) Hungary
C) Argentina D) Mauritius
 
Answer & Explanation Answer: C) Argentina

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