General Knowledge Questions

Q:

The long run aggregate supply curve is vertical because

A) there is no cyclical inflation B) potential GDP is low
C) at full employment prices are stable D) all of the above
 
Answer & Explanation Answer: C) at full employment prices are stable

Explanation:

The long-run aggregate supply curve is vertical because it is at the full-employment or potential output. Because the economy's potential output is determined by the availability and productivity of real resources, not by the price level. That means that even if demand increases, firms can't hire new workers and expand because everyone is already working.

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Q:

Trade blocs help countries by

A) competition B) economic integration
C) Increase in trade D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

A trade bloc is a type of intergovernmental agreement for a group of countries where barriers to trade are reduced or eliminated among the participating states and less competition and for economic integration.

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Q:

Which of the following induces souring of milk?

A) Acetic Acid B) Citric Acid
C) Ascorbic Acid D) Lactic Acid
 
Answer & Explanation Answer: D) Lactic Acid

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

To harass someone persistently to do something.

A) Iconoclast B) Dote
C) Neurotic D) Importune
 
Answer & Explanation Answer: D) Importune

Explanation:
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Q:

A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in Indirect/Direct Speech.

He said, “The dog died in the night.”

A) He inform about the dog’s death. B) He says dog died in the night.
C) The dog had died in the night, he said. D) He said that the dog had died in the night.
 
Answer & Explanation Answer: D) He said that the dog had died in the night.

Explanation:
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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

A) unraffled B) unruffled
C) unrufled D) unrafled
 
Answer & Explanation Answer: B) unruffled

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

A perception without objective reality

A) Cynicism B) Hallucination
C) Illusion D) Optimism
 
Answer & Explanation Answer: B) Hallucination

Explanation:
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Q:

Rate of change of momentum is

A) Area B) Pressure
C) Force D) Velocity
 
Answer & Explanation Answer: C) Force

Explanation:
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