Questions

Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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Q:

Which of the following is a risk taken by entrepreneurs in small business?

A) Interference with personal lives B) Psychological stress
C) Social and family pressure D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Some of the risks faced by entrepreneur of small business are:-


1. Funding of capital.
2. Adequate cashflows.
3. Social and family pressures.
4. Interference with personal lives.
5. psychological pressure.
6.Lack of motivation

 

 

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Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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Q:

From the given alternatives, according to dictionary, which word will come at FIRST position?1. Clause2. Cigar3. Clever4. Cinema5. Client

A) Cinema B) Client
C) Cigar D) Clause
 
Answer & Explanation Answer: C) Cigar

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Q:

Work done by an object on application of a force would be zero if the displacement of the object is:

 

A) negative B) Positive
C) neutral D) Zero
 
Answer & Explanation Answer: D) Zero

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Q:

According to a latest report by UN Women and the UN Development Programme (UNDP), released in November 2017, which region has been ranked as the world's most violent region for women?

 

A) Latin America and the caribean countries B) Sudan
C) Gulf Countries D) South East Asian Countries
 
Answer & Explanation Answer: A) Latin America and the caribean countries

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Q:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

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Q:

As per RBI In October 2017, Gross Non-Performing Assets (GNPA) ratio for NBFCs increased to what percentage till March 2017?

 

A) 2 B) 5
C) 10 D) 20
 
Answer & Explanation Answer: B) 5

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