Questions

Q:

Short run marginal cost curve cuts the short run average cost curve from _______ at the minimum point of short run average cost.

A) top B) below
C) right D) left
 
Answer & Explanation Answer: B) below

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Filed Under: Indian Economy
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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Q:

For a certain shoe factory the fixed costs are Rs 200,000, selling price is Rs 2000 per pair of shoes and variable cost is Rs 1200 per pair, what is the breakeven quantity?

A) 100 B) 62.5
C) 167 D) 250
 
Answer & Explanation Answer: D) 250

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Q:

A study published in PLOS Medicine found that obesity was the cause of 1 in 10 deaths in the United States. Also, obesity was the third-leading cause of death in men and women, after high blood pressure and smoking. Hence, many doctors believe that it’s high time obesity be placed in the category of serious diseases as it not only decreases life expectancy but also impairs the normal functioning of the body.
Which of the following statements, if true, undermines the given argument?

A) Extreme obesity can shorten a person's life span by 10 years. B) Obesity is the result of eating of too much and of a sedentary lifestyle and cannot be defined as a disease per se.
C) Obesity can be a genetic disorder such as sickle-cell anemia and Tay- Sachs, which are classified as diseases. D) The Food and Drug Administration, the American Heart Association, the American College of Cardiology, and the Obesity Society, the National Heart, Lung, and Blood Institute, and the American College of Gastroenterology have i
 
Answer & Explanation Answer: B) Obesity is the result of eating of too much and of a sedentary lifestyle and cannot be defined as a disease per se.

Explanation:

The given argument states that obesity should be categorized as a serious disease as it is known to decrease life expectancy and to harm the normal functioning of the body just like any other life-threatening disease. Option B undermines the argument by pointing out that obesity is mostly a lifestyle problem and not a disease. Compared to 40 years ago, people today spend more time commuting, sitting in front of a computer, watching television, playing video games, and generally exercising less, and end up burning fewer calories. Hence, option 2 is the correct answer.

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Q:

If the line DE is drawn parallel to the base BC of a triangle ABC by intersecting the other two sides, then which of the following is the CORRECT equation for this case.

A) AB/DB=AC/EC B) AD/AB=DB/EC
C) AD/DB=EC/AE D) AD/DB=AE/EC
 
Answer & Explanation Answer: D) AD/DB=AE/EC

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Q:

Which Indian author in May 2016 won the prestigious 2016 Scholastic Asian Book Award for her work 'Codex : The Lost Treasure of the Indus' ?

A) Anita Desai B) Aditi Krishna Kumar
C) Rupa Iyer D) Preethi Nair
 
Answer & Explanation Answer: B) Aditi Krishna Kumar

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Filed Under: Books and Authors
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Q:

Which of the following places presents the oldest evidence of Neolithic Era?

A) Chirnd B) Mehrgarh
C) Burghome D) Daimabad
 
Answer & Explanation Answer: B) Mehrgarh

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Filed Under: Indian History
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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

Thwart

A) Stop   B)  Hinder  
C) Balk   D) Assist
 
Answer & Explanation Answer: D) Assist

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Filed Under: English
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