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Q:

Supply curves tend to be

A) more elastic in the long run, because there is time for firms to enter or leave the industry. B) less elastic in the long run, because there is time for firms to enter or leave an industry.
C) perfectly elastic in the long run, because consumer demand will have sufficient time to adjust fully to changes in supply. B. D) None of the above
 
Answer & Explanation Answer: A) more elastic in the long run, because there is time for firms to enter or leave the industry.

Explanation:

Supply curves tend to be more elastic in the long run, because there is time for firms to enter or leave the industry.

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Filed Under: Indian Economy
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1 1746
Q:

Thermohaline circulation is mainly due to

A) cold, dense ocean water sinking and warmer water replacing it B) winds causing circulation of ocean water
C) warmer, less dense water sinking in the ocean and cold water replacing it D) warm water being added to the ocean due to industial waste
 
Answer & Explanation Answer: A) cold, dense ocean water sinking and warmer water replacing it

Explanation:
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Filed Under: Physics
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3 1744
Q:

Which one of the following States of India receives Sunshine at the earliest?

A) Arunachal Pradesh B) West Bengal
C) Himachal Pradesh D) Jammu & Kashmir
 
Answer & Explanation Answer: A) Arunachal Pradesh

Explanation:
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Filed Under: Indian Geography
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3 1740
Q:

What will come in the place of question mark (?) in the following question (You do not have to calculate the exact value)?

53.01 - 345.02 ÷ 22.99 = 2 ×(?)

A) 14 B) 19
C) 24 D) 54
 
Answer & Explanation Answer: B) 19

Explanation:

Ans. 
53 - 345 ÷ 23 = 2 ×(?)
53 - 15 = 2 ×(?)
38 = 2 ×(?)
? = 19

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Filed Under: Simplification
Exam Prep: AIEEE , Bank Exams , GATE

0 1740
Q:

National income accountants can avoid multiple counting by

A) subtracting NDP from GDP B) add exports, but subtract imports
C) only counting final goods D) None of the above
 
Answer & Explanation Answer: C) only counting final goods

Explanation:
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Filed Under: Indian Economy
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2 1739
Q:

Which of the following statements about Woodrow Wilson is true?

A) He wanted to place strict government controls on corporations. B) He overturned discriminatory laws against African Americans.
C) He advocated eliminating the income tax. D) He opposed reforms to the banking system.
 
Answer & Explanation Answer: A) He wanted to place strict government controls on corporations.

Explanation:

Woodrow Wilson was one of the major "Progressives" in American government and so 'He wanted to place strict government controls on corporations.'

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Filed Under: World History
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0 1738
Q:

Which mirror is used as rear view mirror in vehicles?

A) Concave B) Plane
C) Convex D) Any of the above
 
Answer & Explanation Answer: C) Convex

Explanation:

Convex mirror is used as rear view mirror in vehicles. Because the image is smaller, more image can fit onto the mirror, so a convex mirror provides for a larger field of view than a plane mirror. This is why they are useful.

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Filed Under: Physics
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5 1737
Q:

In these questions, the relationship between two elements is shown in the statements. These statements are followed by two conclusions.
Statement:
K > R = L, P > L, R ≥ S
Conclusion:
I. S < L
II. L = S

A) If only conclusion I follow. B) If only conclusion II follow.
C) If either conclusion I or conclusion II follows. D) If neither conclusion I nor II follows.
 
Answer & Explanation Answer: C) If either conclusion I or conclusion II follows.

Explanation:

K > R = L, P > L, R ≥ S
L = R ≥ S
Conclusions:
I. S < L
II. L = S
This forms a complementary pair - S is either smaller or equal to L. Hence, the correct option is Either conclusion I or conclusion II follows.

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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , GATE

0 1737