Exams


Q:

What is one example of a closed economy?

A) Brazil B) China
C) Pakistan D) India
 
Answer & Explanation Answer: A) Brazil

Explanation:

Brazil is one example of a closed economy in the given options. 

A closed economy is one that has no trade activity with outside economies. A closed economy is self-sufficient, which means no imports come into the country and no exports leave the country. A closed economy's intent is to provide domestic consumers with everything they need from within the country's borders.

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Q:

In the aggregate expenditures model, it is assumed that investment

in_the_aggregate_expenditures_model_it_is_assumed_that_investment1553493949.jpg image

A) does not change when real GDP changes B) does not respond to changes in interest rates
C) changes by less in percentage terms than changes in real GDP D) automatically changes in response to changes in real GDP
 
Answer & Explanation Answer: A) does not change when real GDP changes

Explanation:

In the aggregate expenditures model, it is assumed that investment does not change when real GDP changes.

 

  • The aggregate expenditure is the sum of all the expenditures undertaken in the economy by the factors during a specific time period.

 

  • The aggregate expenditure determines the total amount that firms and households plan to spend on goods and services at each level of income.
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Filed Under: Indian Economy
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Q:

A government subsidy to the producers of a product

A) reduces product demand B) increases product supply
C) reduces product supply D) increases product demand
 
Answer & Explanation Answer: B) increases product supply

Explanation:
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Q:

Who deciphered the Brahmi and Kharoshthi scripts?

A) Piyadassi B) Colin Mackenzie
C) Alexander Cunningham D) James Prinsep
 
Answer & Explanation Answer: D) James Prinsep

Explanation:

The inscriptions of Asoka were first deciphered by James Princep in 1837. They are written in Pali language and in some places Prakrit was used. The Brahmi script was employed for writing.In the northwestern India Asokan inscriptions were found in Karoshti script.

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Filed Under: Indian History
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Q:

Contact force is another name for _________.

A) Friction B) Magnetic force
C) Electrostatic force D) Muscular force
 
Answer & Explanation Answer: D) Muscular force

Explanation:
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Filed Under: Physics
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Q:

In the given figure, ABCD is a square. EFGH is a square formed by joining mid points of sides of ABCD. LMNO is a square formed by joining mid points of sides of EFGH. A circle is inscribed inside EFGH. If area of circle is 38.5 sq.cm, the what is the area (in sq.cm) of square ABCD?

A) 98 B) 196
C) 122.5 D) 171.5
 
Answer & Explanation Answer: B) 196

Explanation:
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Filed Under: Area
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Q:

To conduct detailed study into disease causing organism in livestock,Biosafety Laboratory has been setup in India at

 

A) Ludhiana B) Bengaluru
C) Anand D) Allahabad
 
Answer & Explanation Answer: D) Allahabad

Explanation:
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Q:

The tech giant that has acquired Flipgrid, an education start-up with an app that lets students record and share videos on specific topics with their classmates is

A) Microsoft B) Wipro
C) TCS D) Google
 
Answer & Explanation Answer: A) Microsoft

Explanation:

Microsoft has acquired Flipgrid, an education start-up with an app that lets students record and share videos on specific topics with their classmates.

 

Microsoft is making Flipgrid free of charge.

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