Questions

Q:

Name the first Indian to get Nobel prize in economics.

A) Amartya Sen B) C V Raman
C) Mihir Sen D) Arun Shourie
 
Answer & Explanation Answer: A) Amartya Sen

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Q:

Find arc elasticity of demand, if quantity demanded falls from 4600 to 4200 when price of the item is increased from Rs 960 to Rs 1000?

A) -2.23 B) -­2.09
C) 2.23 D) 2.09
 
Answer & Explanation Answer: A) -2.23

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Q:

The consumption schedule is such that

A) the MPC and the APC must be equal at all levels of income. B) the APC is constant and the MPC declines as income rises.
C) both the APC and the MPC increase as income rises. D) the MPC is constant and the APC declines as income rises.
 
Answer & Explanation Answer: D) the MPC is constant and the APC declines as income rises.

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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.

National integration means _____ all the people of the nation into a single whole. It is a _____ that bends together all people in one _____ bond no matter what their religion, caste, language or history may be. It is a _____ cementing force whereby all kinds of people live _____ peacefully and can identify themselves as a part and parcel of a nation.

live _____ peacefully and can identify themselves as a part and parcel of a nation.

A) separately B)  jointly
C) happily D) together
 
Answer & Explanation Answer: D) together

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Q:

After a credit card transaction has been authorized by theissuing bank by sending an authorization code to themerchant, the settlement stage of the process begins. Whichof the following is a system type used to process suchstatements?

A) Multitasking B) Memory Processing
C) Level Processing D) Batch Processing
 
Answer & Explanation Answer: D) Batch Processing

Explanation:

After a credit card transaction has been authorized bythe issuing bank by sending an authorization code tothe merchant, the settlement stage of the processbegins. This is called batch processing because anumber (or batch) of transactions is settled all at onetime.

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Q:

Which company developed 'Swift' Programming Language?

A) Google B) Microsoft
C) Facebook D) Apple
 
Answer & Explanation Answer: D) Apple

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Q:

The process when the computer is switched on and the operating system gets loaded from hard disk to main memory is called

A) Booting B) Fetching
C) Processing D) Multi-Processing
 
Answer & Explanation Answer: A) Booting

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Q:

What is the reason for formation of Mirage in desert?

A) Refraction of light B) Reflection of light
C) Total internal reflection of light D) Both Refraction and Total internal reflection of light
 
Answer & Explanation Answer: D) Both Refraction and Total internal reflection of light

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