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Q:

Grammy Award is given in the field of

A) Music B) Medicine
C) Sports D) Literature
 
Answer & Explanation Answer: A) Music

Explanation:

Grammy Award is given in the field of Music industry by The Recording Academy of the United States.

grammy_award_is_given_in_the_field_of1544436624.jpg image

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Filed Under: Honours and Awards
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Q:

Unemployment would cause an economy to

A) produce outside its production possibilities frontier B) produce inside it's production possibilities frontier
C) produce on it's production possibilites frontier D) All of the above
 
Answer & Explanation Answer: B) produce inside it's production possibilities frontier

Explanation:
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Filed Under: Indian Economy
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Q:

Blasphemy is to religion as treason is to what

A) government B) constitution
C) reason D) None of the above
 
Answer & Explanation Answer: A) government

Explanation:

Treason is a violation or attack against a person's government which puts the safety of the government at risk. Blasphemy is speaking or acting against a person's religion which attacks the belief system of that religion.

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Filed Under: Analogy
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Q:

I make things short but I am pretty long myself. What am I?

Answer

I am ABBREVIATION that make things short but I am pretty long myself.


 


Example ::


HIV - Human Immuno Virus


WHO - World Health Organization

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Q:

Which organization created a shared economy?

A) North American Free Trade Agreements B) Association of Southeast Asian Nations
C) World Trade Organization D) European Union
 
Answer & Explanation Answer: D) European Union

Explanation:

The organization that created the shared economy is European Union.

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Filed Under: World Organisations
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Q:

The MPC for an economy is

A) the slope of the savings schedule or line. B) 1 divided by the slope of the savings schedule or line.
C) the slope of the consumption schedule or line. D) 1 divided by the slope of the consumption schedule or line.
 
Answer & Explanation Answer: D) 1 divided by the slope of the consumption schedule or line.

Explanation:

Marginal propensity to consume (MPC) in economics is a metric that quantifies induced consumption, the concept that the increase in personal consumer spending (consumption) occurs with an increase in disposable income (income after taxes and transfers).

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Filed Under: Indian Economy
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Q:

What was the strength of Indus economy?

A) Trading B) Agriculture
C) Electricity D) Mining
 
Answer & Explanation Answer: B) Agriculture

Explanation:
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Q:

A large underground economy results in an

A) Overstated GDP B) Understated GDP price index
C) Overstated GDP price index D) Understated GDP
 
Answer & Explanation Answer: D) Understated GDP

Explanation:
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Filed Under: Indian Economy
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