Questions

Q:

The production possibilities curve illustrates the basic principle that

A) an economy's capacity to produce increases in proportion to its population size. B) the production of more of any one good will in time require smaller and smaller sacrifices of other goods.
C) an economy will automatically seek that level of output at which all of its resources are employed. D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.
 
Answer & Explanation Answer: D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

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Filed Under: Indian Economy
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Q:

Unemployment is an example of which of the following?

A) interest risk B) inflation risk
C) personal risk D) income risk
 
Answer & Explanation Answer: D) income risk

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Filed Under: Indian Economy
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Q:

The official journal of the Committee on Space Research (COSPAR) is

A) Astrophysics and Space B) Space Science Reviews
C) Advances in Space Research D) Cosmic Research
 
Answer & Explanation Answer: C) Advances in Space Research

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Filed Under: General Science
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Q:

Loess Plateau is situated in ___________.

A) Malaya B) Thailand
C) China D) Korea
 
Answer & Explanation Answer: C) China

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Filed Under: World Geography
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Q:

In 2017, which Indian scientist was honoured with the Living Legend Award by the International Union of Nutritional Sciences (IUNS) for stellar contributions in the area of nutrition?

A) Rohini Godbole B) Tessy Thoms
C) Mahtab Bamji D) Suman Sahaia
 
Answer & Explanation Answer: C) Mahtab Bamji

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Filed Under: Honours and Awards
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Q:

If hiring an extra worker increases a brick making unit's output from 2000 to 2250 units per day, but the factory has to reduce the price of its brick from Rs 15 to Rs 14 per brick to sell the additional output, the marginal revenue product of the last worker is

A) Rs 1500 B) Rs 250
C) Rs 3000 D) Rs 100
 
Answer & Explanation Answer: A) Rs 1500

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Filed Under: Indian Economy
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Q:

The Union Home Ministry will set up an Indian Cyber Crime Coordination Centre (14C), an apex coordination centre at which place to deal with cybercrimes?

 

A) Hyderabad B) Pune
C) Bengaluru D) New Delhi
 
Answer & Explanation Answer: D) New Delhi

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Filed Under: Indian Geography
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Q:

'Bharat Stage Emission Standards' refers to

A) Vehicular pollution B) Industrial pollution
C) Water pollution D) Soil pollution
 
Answer & Explanation Answer: A) Vehicular pollution

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Filed Under: General Awareness
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