Questions

Q:

Consider the following statements about indifference curves:

1. Indifference curves are convex to the origin.

2. Higher indifference curve represents higher level of satisfaction.

3. Two indifference curves cut each other.Which of the statements given above is/are correct?

A) 1 only B) 1 and 2
C) 2 and 3 D) 3 only
 
Answer & Explanation Answer: B) 1 and 2

Explanation:

The indifference curves cannot intersect each other.

Higher indifference curve represents a higher level of satisfaction because higher IC means a bundle consisting more of both the goods or same quantity of one good n more quantity of the other good .Hence statement 2 is correct and 3 is incorrect.

Indifference curves is convex to the point of origin because of diminishing Marginal Rate of Substitution.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 38609
Q:

Olympus Mons, is the largest ……………. in the solar system?

 

A) Galaxy B) Crater
C) Volcano D) Asteroid
 
Answer & Explanation Answer: C) Volcano

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

1 38555
Q:

Which one ofthe following is not correct about Administrative Tribunals?

 

A) The Parliament may by law constitute Administrative Tribunals both at the Union and State levels B) Tribunals may look into disputes and complaints with respect to recruitment and conditions of service of persons appointed to public services.
C) Tribunals established by a law of the Parliament can exclude the jurisdiction of all Courts to allow for special leaveto appeal. D) The law establishing the Tribunals may provide for procedures including rules of evidence to be followed.
 
Answer & Explanation Answer: C) Tribunals established by a law of the Parliament can exclude the jurisdiction of all Courts to allow for special leaveto appeal.

Explanation:

Article 323A provides that Parliament may by law establish tribunals for adjudication of disputes concerning recruitment and conditions of service of persons appointed to public service under Central, State or any Local or other authority or a corporation owned or controlled by the Government of India. The law made by Parliament for the purpose may specify the jurisdiction and procedure of the tribunals. Under clause 2(d), the law may exclude the jurisdiction of all courts except that of the Supreme Court under article 136 with respect to the service matters falling within the purview of the tribunals.

 

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Filed Under: Indian Politics
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Q:

Which of the following equation is/are INCORRECT?

I. NI = NDP + Net Foreign Income
II. GNP = GDP + Net Foreign Income
III. NDP = GNP – Depreciation

A) Only (I) and (II) B) Only (III)
C) Only (II) and (III) D) Only (II)
 
Answer & Explanation Answer: B) Only (III)

Explanation:
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Filed Under: Indian Economy
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0 38392
Q:

Electron configuration of cobalt 2+?

Answer

The s,p,d,f configuration for cobalt (Co) is 1s22s22p63s23p64s23d7, determined by the position of the element on the periodic table. The electron configuration for Cobalt at ground state would simply be Co: [Ar] 4s23d7.


The electron configuration of Cobalt will end in d block as Cobalt is an inner transition metal. Cobalt is in the 7th column of the d block and therefore has 7 d electrons d7.

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Subject: Chemistry Exam Prep: AIEEE
Job Role: Analyst

61 38353
Q:

Who summons the joint sitting of both the houses of the Indian Parliament?

 

A) Prime Minister of India B) President of India
C) Speaker of Lok Sabha D) Chairman of Rajya Sabha
 
Answer & Explanation Answer: B) President of India

Explanation:
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Q:

Who is credited for the construction of the Red Fort?

 

A) Sikandar Lodi B) Akbar
C) Jahangir D) Shah Jahan
 
Answer & Explanation Answer: D) Shah Jahan

Explanation:
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Filed Under: Indian History
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Q:

Which of the following has no Skeleton at all?

A) Star fish B) Sponge
C) Jelly fish D) Silver fish
 
Answer & Explanation Answer: C) Jelly fish

Explanation:
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Filed Under: Animals and Birds

440 38255