Questions

Q:

The demand for a normal good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: A) increase

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Q:

According to Ohm's law, if current (I) increase and potential difference (V) remains constant, then

A) resistance unchanged B) resistance decreases
C) potential difference decreases D) resistance increases
 
Answer & Explanation Answer: B) resistance decreases

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Q:

The President of India appoints how many Chief Election Commissioner(s)?

A) One B) Two
C) Three D) Four
 
Answer & Explanation Answer: A) One

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Q:

The Concept of Suspension of Fundamental Rights in Indian Constitution has been taken from which Country’s Constitution?

 

 

A) France B) Germany
C) Russia D) Australia
 
Answer & Explanation Answer: B) Germany

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Q:

Short run marginal cost curve cuts the short run average cost curve from _______ at the minimum point of short run average cost.

A) top B) below
C) right D) left
 
Answer & Explanation Answer: B) below

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Q:

In economics secondary effects refer to the

A)  best alternative that must be forgone as the result of a choice. B) immediate and visible intended consequences of a change.
C) impact of the scarcity of resources on the scarcity of the goods that are produced with those resources. D) unintended consequences of a change that are not immediately identifiable but are felt only with time.
 
Answer & Explanation Answer: B) immediate and visible intended consequences of a change.

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Q:

Anaerobic respiration refers to which of the following?

A) Respiration without Oxygen B) Respiration with Oxygen
C) Respiration without CO2 D) Respiration with CO2
 
Answer & Explanation Answer: A) Respiration without Oxygen

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