Questions

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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Filed Under: Indian Economy
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Q:

Which of the following is done at a Stock Exchange ?

A) Commodities are bought and sold at wholesale price B) Commodities are bought and sold at retail price
C) Securities are bought and sold D) None of these
 
Answer & Explanation Answer: C) Securities are bought and sold

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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: D) decrease; increase

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Considering about these facts B) the principal has offered
C) him a seat D) No error
 
Answer & Explanation Answer: A) Considering about these facts

Explanation:

The error is in first part. ‘Considering’ is a preposition that relates the facts to the principal and hence does not need to be followed by another preposition ‘about’. A preposition like ‘considering’ should be followed by a pronoun like ‘these’ in this case. The use of about is unnecessary and shall be omitted. The sentence indicates that the principal offered him a seat only after considering certain facts.

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Filed Under: English
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Q:

In which form is glucose stored in our body?

A) Insulin B) Glucose
C) Glycogen D) Fat
 
Answer & Explanation Answer: C) Glycogen

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Filed Under: Biology
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Q:

Which of the following scientists had done some calculations for the fifth state of matter?

A) Satyendra Nath Bose B) CV Raman
C) Vikram Sarabhai D) Homi Bhabha
 
Answer & Explanation Answer: A) Satyendra Nath Bose

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Filed Under: Chemistry
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Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: B) Law of variable proportions

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) The peon B) has not sweeped
C) the floor today. D) No error
 
Answer & Explanation Answer: D) No error

Explanation:

The given sentence is grammatically correct and there is no error.

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Filed Under: English
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