Questions

Q:

Which of the following is called GDP Deflator?

A) Ratio of nominal to real GDP B) Ratio of nominal to real GNP
C) Ratio of nominal to real CPI D) Ratio of real to nominal GNP
 
Answer & Explanation Answer: A) Ratio of nominal to real GDP

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Filed Under: Indian Economy
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Q:

__________ is defined as the output per unit of variable input

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: D) Average product

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Filed Under: Indian Economy
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Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

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Filed Under: Indian Economy
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Q:

A price floor is _____.

A) a maximum legal price B) a minimum legal price
C) the price where demand equals supply D) the price where elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: B) a minimum legal price

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Q:

Which of the following has open vascular system?

A) Cockroach B) Human
C) Rat D) Birds
 
Answer & Explanation Answer: A) Cockroach

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Filed Under: Biology
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Q:

Which of the following statements is correct about the President of India ?

A) Addresses first session of Parliament after each General Election. B) Addresses first session of Parliament at the beginning of each year
C) Addresses every session of Parliament D) Never addresses Parliament
 
Answer & Explanation Answer: A) Addresses first session of Parliament after each General Election.

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Filed Under: Indian Politics
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Q:

The Concept of Suspension of Fundamental Rights in Indian Constitution has been taken from which Country’s Constitution?

 

 

A) France B) Germany
C) Russia D) Australia
 
Answer & Explanation Answer: B) Germany

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Q:

Who propounded the homeopathic principle of 'like cures like'?

A) Hippocrates B) Samuel Hahnemann
C) Samuel Cockburn D) George Vithoulkas
 
Answer & Explanation Answer: B) Samuel Hahnemann

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Filed Under: General Science
Exam Prep: Bank Exams

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