Questions

Q:

In 2015 the nominal rate of interest in country was 6%, and the inflation rate then was 1.5%. So real rate of interest in 2015 was

A) 7.50% B) 4.50%
C) 4% D) 0.25%
 
Answer & Explanation Answer: B) 4.50%

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Q:

The demand for a normal good decreases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Q:

Liabilities are generally classified on a balance sheet as

A) small liabilities and large liabilities B) present liabilities and future liabilities
C) tangible liabilities and intagible liabilities D) current liabilities and long-term liabilities
 
Answer & Explanation Answer: D) current liabilities and long-term liabilities

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Q:

Charles Wilkinson's English version of Bhagavad Gita was first published in the year

A) 1685 B) 1725
C) 1785 D) 1885
 
Answer & Explanation Answer: C) 1785

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Q:

Who was the first Indian to win the 52nd Capablanca Memorial Chess tournament at at Cuba?

A) Adhiban Baskaran B) Pentala Harikrishna
C) K Srikanth D) Krishnan Saikiran  
 
Answer & Explanation Answer: D) Krishnan Saikiran  

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Q:

Stagflation is defined as

A) low inflation, low growth, low unemployment B) high inflation, low growth, high unemployment
C) high inflation, high growth, high unemployment D) low inflation, high growth, low unemployment
 
Answer & Explanation Answer: B) high inflation, low growth, high unemployment

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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Q:

When electricity is passed through an aqueous solution of Sodium Chloride (brine), it decomposes to form.

 

A) NaOH + H2 + Cl2 B) NaOH + H2 + O2
C) NaOH + HCl + H2 D) NaOH + H2 + N2
 
Answer & Explanation Answer: A) NaOH + H2 + Cl2

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