Questions

Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

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Filed Under: Indian Economy
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Q:

In a centrally planned economy, the ____________ plans all the important activities in the economy.

A) Industrialists B) Citizens
C) Government D) Judiciary
 
Answer & Explanation Answer: C) Government

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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:

The consumption schedule relates:

A) disposable income to domestic income. B) consumption to the level of disposable income.
C) consumption to saving. D) saving to the level of disposable income.
 
Answer & Explanation Answer: B) consumption to the level of disposable income.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

T cell activation requires

A) T cell receptor (TCR) B) PTK function
C) APC  D) All the above
 
Answer & Explanation Answer: A) T cell receptor (TCR)

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Filed Under: Biology
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Q:

The famous Golconda Fort is situated in the state of

A) Madhya Pradesh B) Telangana
C) Karnataka D) Bihar
 
Answer & Explanation Answer: B) Telangana

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Filed Under: Indian Geography
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Q:

Consider the given statement/s to be true and decide which of the given conclusions/assumptions can definitely be drawn from the given statement.
Statements:
1. All cycles are ducks.
2. All ducks are swans.
Conclusions:
I. All swans are cycles.
II. Some swans are cycles.

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusions  follows D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: B) Only conclusion II follows

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Q:

Three freedom fighters including Bipin Chandra Pal were popularly known as Lal-Bal-Pal. Who were the other two?

A) Subhash Chandra Bose & Bal Gangadhar Tilak B) Bal Gangadhar Tilak & Lala Lajpat Rai
C) Lala Lajpat Rai & Bhagat Singh D) Ram Prasad Bismil & Bhikaiji Cama
 
Answer & Explanation Answer: B) Bal Gangadhar Tilak & Lala Lajpat Rai

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Filed Under: Indian History
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