Questions

Q:

What was one outcome of laissez faire economic policies?

A) Poverty traps that cannot be escaped through free choice B) Monopoly power that emerges naturally in the market and allows businesses to exploit consumers
C) Businesses pay workers low D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Laissez-faire is simply a way to describe a government's hands-off approach to economic policies. This approach was particularly prevalent in the United States at the turn of the 20th century, which led to numerous issues within American manufacturing.

 

There are many outcomes of laissez-faire economic policies. Some of the outcomes of laissez-faire economics were:

* Businesses pay workers low.

* Pollution of air and water.

* Poverty traps that cannot be escaped through free choice. 

* General glut that results from overproduction or underconsumption

* Monopoly power that emerges naturally in the market and allows businesses to exploit consumers. 

* Exploitation of the working class that pushes wages down to subsistence and compels laborers to work in harsh and unsafe conditions. 

* External economies that generate situations where desirable goods are underproduced on the market, and undesirable goods are overproduced on the market. 

* Public goods that are not supplied by the market due to free-rider problems.

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Filed Under: Indian Economy
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Q:

Find the correctly spelt word?

A) Addulation B) Ominous
C) Adlation D) Omineous
 
Answer & Explanation Answer: B) Ominous

Explanation:

Ominous is the correctly spelt word in the given options. It means that giving the worrying impression that something bad is going to happen.

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Filed Under: English
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Q:

The brightest color emitted by the sun is

A) yellow-green B) red-green
C) green-blue D) red-blue
 
Answer & Explanation Answer: A) yellow-green

Explanation:

The Sun is essentially all colors mixed together, which appear to our eyes as white. The brightest color emitted by the sun is yellow-green.

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Filed Under: General Science
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Q:

The study of Brain is called as

A) Neurology B) Nephrology
C) Phrenology D) Neurobiology
 
Answer & Explanation Answer: C) Phrenology

Explanation:

The study of Brain is called as Phrenology

 

Neurology is a branch of medicine dealing with disorders of the nervous system.

Nephrology is the study of kidney.

Neurobiology or Neuroscience is the study of the nervous system

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Filed Under: General Science
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Q:

The substance which makes natural rubber more strong and bouncy?

A) Chlorine B) Sulphur
C) Sponge D) Polythene
 
Answer & Explanation Answer: B) Sulphur

Explanation:

Sulfur vulcanisation is a chemical process for converting natural rubber or related polymers into more durable materials by heating them with sulfur. By this they achieve improved elasticity, resilience, tensile strength, viscosity, hardness and weather resistance.

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Filed Under: General Science
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Q:

Which Indian personality received Carnot Prize for Power Reforms, Rural Electrification?

A) Piyush Goyal B) Arun Jaitley
C) Amit Khare D) Ravi Shankar Prasad
 
Answer & Explanation Answer: A) Piyush Goyal

Explanation:

Piyush Vedprakash Goyal is the Indian personality received Carnot Prize for Power Reforms, Rural Electrification. He is an Indian politician and the current minister of Railways, Coal in the Government of India.

Indian_personality_received_Carnot_Prize_for_Power_Reforms,_Rural_Electrification1549088433.jpg image

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Q:

The headquarters of the International Court of Justice is at

A) Geneva B) The Hague
C) Rome D) Vienna
 
Answer & Explanation Answer: B) The Hague

Explanation:
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Filed Under: World Organisations

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Q:

Steel tycoo Laksmi Mittal has acquired minority stakes in which Indian financial service company?

A) Anand Rathi Financial Services B) Indiabulls Credit Services
C) Farallon Capital D) Kothari Pioneer
 
Answer & Explanation Answer: B) Indiabulls Credit Services

Explanation:
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Filed Under: Business Awareness

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