Questions

Q:

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

A) Price B) Substitution
C) Supply D) Demand
 
Answer & Explanation Answer: D) Demand

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

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

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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:

Parliament House in Delhi was constructed during

A) 1895-1900 B) 1901-1909
C) 1921-1927 D) 1931-1935
 
Answer & Explanation Answer: C) 1921-1927

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Filed Under: Indian History
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Q:

In Jan 2016, who among the following was chosen as the new face for Incredible India Campaign?

A) Aamir Khan B) Amitabh Bachchan
C) Shah Rukh Khan D) Salman Khan
 
Answer & Explanation Answer: B) Amitabh Bachchan

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Find the missing number from the given responses:

A) 12 B) 51
C) 56 D) 120
 
Answer & Explanation Answer: D) 120

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Q:

The World Health Organization (WHO) has collaborated with which company to distribute Covid vaccines under Covax alliance?

A) Roche B) Pfizer
C) Merck D) Johnson & Johnson
 
Answer & Explanation Answer: B) Pfizer

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which company has signed an agreement with UNESCO to launch virtual reality content and 360 degree videos on Indian heritage sites?

 

A) Nokia B) Sunstar
C) Samsung D) Amazon
 
Answer & Explanation Answer: C) Samsung

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Filed Under: General Awareness
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