Questions

Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

Birth rate in a country is defined as

A) Number of births per 100 in 1 year B) Number of births per 1000 in 1 year
C) Number of births per km of area in 1 year D) Number of births per 100 km of area in 1 year
 
Answer & Explanation Answer: B) Number of births per 1000 in 1 year

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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:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

_____have attempted to define a happy life

A) Professors B) Thinkers
C) Researchers D) Scientists
 
Answer & Explanation Answer: B) Thinkers

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Filed Under: English
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Q:

The age of the father 4 years ago was 8 times the age of his son. At present, the father's age is 4 times that of his son. Find the present age of son.

A) 9 years B) 7 years
C) 14 years D) 18 years
 
Answer & Explanation Answer: B) 7 years

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Q:

Who among the following is the winner of the National Badminton Championship (Men), 2017?

A) Kidambi Srikanth B) H. S. Prannoy
C) Ajay Jayaram D) Sai Praneeth
 
Answer & Explanation Answer: B) H. S. Prannoy

Explanation:

H S Prannoy has won the men’s singles title at the 82nd Senior National Championship Senior National Badminton Championships in Nagpur, Maharashtra on November 8, 2017. He defeated higher ranked Kidambi Srikanth in the final by 21-15, 16-21, 21-7.

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Q:

How many players, on each side, are required for the game of volleyball?

A) 6 B) 8
C) 5 D) 7
 
Answer & Explanation Answer: A) 6

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Q:

Winner of 2015 "United Nations Champions of the Earth" award in the category Policy Leadership is ___.

A) Sheikh Hasina B) Paul Polman
C) Narendra Modi D) Barack Obama
 
Answer & Explanation Answer: A) Sheikh Hasina

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Filed Under: Honours and Awards
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