Questions

Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

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

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Q:

If tea companies start using mechanised tea leave pickers

A) more people would want to work as tea leave pickers B) unemployment of tea leave pickers will decrease
C) more tea will be produced per acre D) then wages for manual tea leave pickers will fall
 
Answer & Explanation Answer: D) then wages for manual tea leave pickers will fall

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Q:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

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Q:

Acid rain is caused by release of ___ and___ into the air.

A) Carbon dioxide and Carbon monoxide B) Sulphur dioxide and nitrogen oxides
C) Oxygen and Water vapour D) Nitrous oxide and Ozone
 
Answer & Explanation Answer: B) Sulphur dioxide and nitrogen oxides

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

Which north-eastern state of India has signed up to host the 39th National Games in the year 2022?

A) Meghalaya B) Mizoram
C) Manipur D) Tripura
 
Answer & Explanation Answer: A) Meghalaya

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Filed Under: Indian Geography
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Q:

3 men dig a hole in 10 days. How many days would it take for 5 men to dg the same hole?

A) 50/3 B) 7
C) 5 D) 6
 
Answer & Explanation Answer: D) 6

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Q:

Which country won the first cricket world cup?

A) New Zealand B) West Indies
C) England D) Australia
 
Answer & Explanation Answer: B) West Indies

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Filed Under: Sports
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