Questions

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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Demand is said to be elastic when the

A) change in quantity demanded is less than the change in price B) change in quantity demanded is greater than the change in price
C) percentage change in quantity demanded is greater than the percentage change in price D) percentage change in quantity demanded is less than the percentage change in price
 
Answer & Explanation Answer: B) change in quantity demanded is greater than the change in price

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Two circles of same radius intersect each other at P and Q. If the length of the common chord is 30 cm and distance between the centres of the two circlesis 40 cm, then what is the radius (in cm) of the circles?

A) 25 B) 26
C) 27 D) 28
 
Answer & Explanation Answer: A) 25

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Q:

To enlarge their hold over India, many wars were fought between British and Indians but NOT one of the following.

A) Anglo-Maratha B) Anglo-Sikh
C) Anglo-Mysore D) Anglo-Bangla
 
Answer & Explanation Answer: D) Anglo-Bangla

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

A boat goes 15 km upstream and 10 1/2 km down stream in 3 hrs 15 min. It goes 12 km upstream and 14 km downstream in 3 hrs. What is the speed of the boat in still water?

A) 4 B) 6
C) 10 D) 14
 
Answer & Explanation Answer: C) 10

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Q:

If a denotes x , b denotes ÷ , c denotes + and d denotes ­ , then 8 a 3 c 24 b 12 d 19 = ?

A) 17 B) 7
C) 14 D) 8
 
Answer & Explanation Answer: B) 7

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Q:

 Which organisation is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottomup approach? 

A) RBI B) IRDAI
C) NITI Aayog  D) Planning Commission 
 
Answer & Explanation Answer: C) NITI Aayog 

Explanation:

The NITI Aayog (Hindi for Policy Commission), also National Institution for Transforming India, is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach.

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Who among the following was honoured with the IAAF male Athlete of year Award for 2017 at a award ceremony in Monaco in November 2017?

 

A) Mutaz Essa Barshim B) Usain Bolt
C) Mo Farah D) Wayde van Niekerk
 
Answer & Explanation Answer: A) Mutaz Essa Barshim

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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