Questions

Q:

Supply curves tend to be

A) more elastic in the long run, because there is time for firms to enter or leave the industry. B) less elastic in the long run, because there is time for firms to enter or leave an industry.
C) perfectly elastic in the long run, because consumer demand will have sufficient time to adjust fully to changes in supply. B. D) None of the above
 
Answer & Explanation Answer: A) more elastic in the long run, because there is time for firms to enter or leave the industry.

Explanation:

Supply curves tend to be more elastic in the long run, because there is time for firms to enter or leave the industry.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

A pure market economy is sometimes called pure

A) Capitalism B) Stocking
C) Sharing D) Socialism
 
Answer & Explanation Answer: A) Capitalism

Explanation:
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Filed Under: Indian Economy
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Q:

The study of economics is primarily concerned with

A) choices that are made in seeking to use scarce resources efficiently B) keeping private businesses from losing money
C) demonstrating that capitalistic economies are superior to socialistic economies D) None of the above
 
Answer & Explanation Answer: A) choices that are made in seeking to use scarce resources efficiently

Explanation:
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Filed Under: Indian Economy
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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Passive/Active voice.
I have poured the tea.

A) Pouring of the tea by me has been done. B) The tea is being poured by me.
C) The tea has been poured by me. D) The tea pouring was done by myself.
 
Answer & Explanation Answer: C) The tea has been poured by me.

Explanation:
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Filed Under: English

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Q:

The end products of glycolysis are

A) ATP B) NADH
C) Pyruvate D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Glycolysis involves the breaking down of a sugar into more manageable compounds in order to produce energy.

 

The net end products of glycolysis are two Pyruvate, two NADH, and two ATP.

 

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Filed Under: General Science
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Q:

Why does a fountain pen leak in aeroplane flying at a height?

A) Because of reduced viscosity of the ink in the pen B) Because of increased viscosity of the ink in the pen
C) Because of higher atmospheric pressure outside the pen D) Because of lower atmospheric pressure outside the pen
 
Answer & Explanation Answer: D) Because of lower atmospheric pressure outside the pen

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

The  optical  phenomenon  that  is  primarily responsible  for  the  observation  of  rainbow on a rainy day is 

A) diffraction B) interference
C) dispersion D) reflection
 
Answer & Explanation Answer: C) dispersion

Explanation:

A rainbow is a natural spectrum appearing in the sky after a rain shower. It is caused by dispersion of sunlight by tiny water droplets, present in the atmosphere. A rainbow is always formed in a direction opposite to that of the Sun. The water droplets act like small prisms. They refract and disperse the incident sunlight, then reflect it internally, and finally refract it again when it comes out of the raindrops.

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Upanishads are the ______________________

A) Great Epics B) Story Books
C) Source of Hindu Philosophy D) Law Books
 
Answer & Explanation Answer: C) Source of Hindu Philosophy

Explanation:
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Filed Under: General Awareness

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