Questions

Q:

The demand curve shows the relationship between

A) good price and the service B) quantity demanded and the price of the good
C) quality and quantity of the good D) quality and price of the good
 
Answer & Explanation Answer: B) quantity demanded and the price of the good

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Filed Under: Indian Economy
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Q:

A negative supply shock in the short run causes

A) the aggregate supply curve to shift to the left B) unemployment to fall
C) the aggregate supply curve to shift to the right D) the price level to fall
 
Answer & Explanation Answer: A) the aggregate supply curve to shift to the left

Explanation:

A negative supply shock in the sho rt run causes the aggregate supply curve to shift to the left.

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Q:

The term 'Dumping' refers to

A) The sale of a sub­standard commodity B) Sale in a foreign market of a commodity at a price below marginal cost
C) Sale in a foreign market of a commodity just at marginal cost with too much of profit D) Smuggling of goods without paying any customs duty
 
Answer & Explanation Answer: B) Sale in a foreign market of a commodity at a price below marginal cost

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

To place or deal with close together for contrasting effect.

 

A) to scrutiny B) to juxtapose
C) to correlate D) to contrast
 
Answer & Explanation Answer: B) to juxtapose

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Filed Under: English
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Q:

Select the word with the correct spelling.

A) dementia B) quaterain
C) necrosys D) frenetec
 
Answer & Explanation Answer: A) dementia

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Filed Under: English
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Q:

In each of the questions, four alternatives are given for the Idiom/Phrase. Choose the alternative which best expresses the meaning of the Idiom/Phrase and click the button corresponding to it.

For keeps

A) Himself B) Away
C) Forever D) Hid
 
Answer & Explanation Answer: C) Forever

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Filed Under: English
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Q:

A person should consume more of something when its marginal cost

A) Benefit exceeds its marginal cost B) Marginal cost exceeds its benefit
C) Benefit deceeds its marginal cost D) None of the above
 
Answer & Explanation Answer: A) Benefit exceeds its marginal cost

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Filed Under: Business Awareness
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2 1709
Q:

Who is the writer of the famous book 'Kabuliwala'?

A) Bankim Chandra Chatterjee B) Ravindra Nath Tagore
C) Munshi Prem Chand D) Khan Abdul Gaffar Khan
 
Answer & Explanation Answer: B) Ravindra Nath Tagore

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