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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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Q:

Consumer surplus arises in a market because

A) some consumers are willing to pay more than the equilibrium price but do not need to do so B) some consumers are willing to pay less than the equilibrium price but do not need to do so
C) at market price, the quantity demanded is less than the quantity supplied D) at market price, the quantity demanded is greater than the quantity supplied
 
Answer & Explanation Answer: A) some consumers are willing to pay more than the equilibrium price but do not need to do so

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Filed Under: Indian Economy
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Q:

The law of supply indicates that other things equal

A) producers will offer more of a product at high prices than at low prices B) the quantity supplied of the good rises
C) the quantity supplied of the good rises D) producers will offer more of a product at high prices than at low prices
 
Answer & Explanation Answer: A) producers will offer more of a product at high prices than at low prices

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Filed Under: Indian Economy
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Q:

Geography can be understood in terms of five different

A) Themes B) Languages
C) Places D) None of the above
 
Answer & Explanation Answer: A) Themes

Explanation:

Geography is a field of science related to the study of the lands, places, relation between people & their environments. Geography can be understood in terms of five different themes. They are :

• Location
• Place
• Human-Environment Interaction (HEI)
• Movement
• Region.

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Filed Under: Indian Geography
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Q:

Which is a compound that contains carbon?

A) Ethane B) Propane
C) Methane D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

The compound methane is a simple hydrocarbon contains one carbon bonded to four hydrogens. Ethane is a simple hydrocarbon which contains two carbon atoms and four hydrogen atoms. Similarly, propane with three carbons.

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Filed Under: Chemistry
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Q:

PM Narendra Modi inaugerated the first ever airport of this state?

A) Odisha B) Sikkim
C) Assam D) Chattisgarh
 
Answer & Explanation Answer: B) Sikkim

Explanation:

PM inaugurates Sikkim's first airport, the Pakyong airport in Sikkim is located around 60 km from the India-China border in the village Pakyong near Gangtok the Sikkim's capital city.

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Filed Under: General Awareness
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Q:

Which of the following has the lowest frequency?

A) Visible light B) Gamma rays
C) X­-rays D) Ultra violet rays
 
Answer & Explanation Answer: A) Visible light

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Who is the committee head of the merger of the public sector banks?

A) Raghuram Rajan  B) Bimal Jalan 
C) Arun Jaitley D) YV Reddy
 
Answer & Explanation Answer: C) Arun Jaitley

Explanation:

The finance minister of india, Mr arun jaitley is the committee head of the merger of the public sector banks.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT

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