Questions

Q:

Which of the following will cause an increase in demand for a good?

A) an increase in income if the good is an inferior goods B) a decrease in the price of the goods
C) a decrease in income if the good is a normal goods D) an increase in the price of its substitute goods
 
Answer & Explanation Answer: D) an increase in the price of its substitute goods

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Filed Under: Indian Economy
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Q:

In October 2017, Insolvency and Bankruptcy Board of India (IBBI) relaxed norms for information utilities. Listed Indian companies can now hold ______ of the paid-up equity share capital or total voting power rights in such firms.

 

A) 80% B) 90%
C) 100% D) 50%
 
Answer & Explanation Answer: C) 100%

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Q:

Irfaan loves black coffee. A roadside stall selling a cup of black coffee at Rs. 120, offered 25% discount to Irfaan. If Irfaan was willing to pay even Rs. 200 for this cup of black coffee, Irfaan's consumer surplus is

A) 90 B) 80
C) 30 D) 110
 
Answer & Explanation Answer: D) 110

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Q:

Which of the following statements is incorrect, if resources were unlimited?

A) there would still be scarcity and opportunity costs B) there would still be scarcity but no opportunity costs
C) there would be no scarcity, but there would be opportunity costs. D) there would neither be scarcity nor opportunity costs
 
Answer & Explanation Answer: C) there would be no scarcity, but there would be opportunity costs.

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Q:

Bollywood actor ___ has been selected for the 47th Dadasaheb Phalke Award for 2015.

A) Dilip Kumar B) Manoj Kumar
C) Rajinikanth D) Anupam Kher
 
Answer & Explanation Answer: B) Manoj Kumar

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Filed Under: Honours and Awards
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Q:

International Women's day is celebrated on ___ March every year.

A) 6th B) 7th
C) 8th D) 9th
 
Answer & Explanation Answer: C) 8th

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Filed Under: Important Days and Years
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select No Error.

 

Many firms fail because when they begin (1)/ exporting, they have not research the (2)/ target markets or have not planned enough. (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Filed Under: English
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Q:

Phytohormones are

A) substances controlling diseases B) regulators synthesized by plants influencing physiological processes
C) substances used for photosynthesis D) chemicals used for peeling
 
Answer & Explanation Answer: C) substances used for photosynthesis

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Filed Under: Biology
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