Questions

Q:

An indifference curve measures the same level of ___________

A) Output from two factors B) Satisfaction from two commodities
C) Satisfaction from Income and Capital D) Satisfaction from expenditure and savings
 
Answer & Explanation Answer: B) Satisfaction from two commodities

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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.


In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse square law __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where the judge, the police and the civil servant dispense ___________ to the citizen.


the sun shining ________ the whole earth.

 

A) for B)  of
C) from D) form
 
Answer & Explanation Answer: A) for

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Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run. B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time. D) tends to be larger in the short run than in the long run.
 
Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

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Q:

Because of base pairing in DNA, the percentage of

A) thymine molecules in DNA is about equal to the percentage of adenine molecules B) cytosine molecules in DNA is much greater than the percentage of guanine molecules
C) adenine molecules in DNA is about equal to the percentage of guanine molecules D) adenine molecules in DNA is much greater than the percentage of thymine molecules
 
Answer & Explanation Answer: A) thymine molecules in DNA is about equal to the percentage of adenine molecules

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Filed Under: Biology
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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India B) IDBI Bank
C) United Bank of India D) Indian Bank
 
Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Q:

In August 2017, which of the following launched world’s first future contracts in ‘diamonds’?

 

A) Indian Commodity Exchange (ICEX) B) Multi Commodity Exchange (MCEX)  
C) National Association of Securities Dealers Automated Quotations (NASDAQ)   D) None of these  
 
Answer & Explanation Answer: A) Indian Commodity Exchange (ICEX)

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Q:

Bollywood actor ___ has been selected for the 47th Dadasaheb Phalke Award for 2015.

A) Dilip Kumar B) Manoj Kumar
C) Rajinikanth D) Anupam Kher
 
Answer & Explanation Answer: B) Manoj Kumar

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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line. B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one. D) APS is positive at all income levels.
 
Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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