Questions

Q:

The law of increasing opportunity costs states that

A) along a production possibilites curve, increases in the production of one good make the production of that good easier and easier B) increases in wages cause increases in the costs of production
C) costs of production increases and then decreases D) along a production possibilities curve, increases in the production of one good require larger and larger sacrifices of the other good
 
Answer & Explanation Answer: D) along a production possibilities curve, increases in the production of one good require larger and larger sacrifices of the other good

Explanation:

Opportunity cost is the cost of other alternative choices for making your interested choice of work. Oppurtunity cost is also called as alternative cost.

For example on a holiday, you have two choices to do, either you can go to movie or a function. And if you chose to go to moavie, the oppurtunity cost of going to movie is the value that would have gotten if you had gone to function.

 

The law of increasing opportunity costs states that as you increase production of one good, the opportunity cost to produce an additional good will increase.

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Q:

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

 

Man's attitude to various animals changed many times in the course of centuries. From indifference or practicality, he went on to adoration and deification, and then to hatred. Ancient Egyptians, for example, highly appreciated the cat's ability to destroy rodents. The cat was much superior in this respect to the grass­snakes and weasels they had kept in their houses before. These proved unable to cope with hordes of rats which invaded Egypt from Asia. So the cat, a very useful animal, was ranked as a sacred animal and one of the most important animals, too. The goddess of the Moon, fertility and child­birth, Bast herself was portrayed by the Egyptians as a woman with a cat's head.

Sumptuous temples were built to this goddess, where cats were kept in luxury and fed the choicest of foods. They had their own priests and votaries, more numerous as a matter of fact than any other sacred animal could boast. According to the Greek historian Herodotus, the festival in the city of Bubastis, which had a temple dedicated to cats, was attended by as many as 700 thousand, who brought their offerings to the goddess in the shape of figurines of her made of gold, silver and bronze and adorned with precious stones.

 

The word 'deification' in the passage means _____ .

A) highly valuable B) take pride
C) act of treating as God D) devotees
 
Answer & Explanation Answer: C) act of treating as God

Explanation:
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Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The conclusion of World Trade Organization’s 11th biennial ministerial conference at Buenos Aires was worrisome. From an Indian standpoint, there was no loss as status quo continues in the most important issue: the right to continue the food security programme by using support prices. But the inability of the negotiators to reach even one substantive outcome suggests that WTO’s efficacy is under question. As a 164-country multilateral organisation dedicated to crafting rules of trade through consensus, WTO represents the optimal bet for developing countries such as India. Strengthening WTO is in India’s best interest.

 

Perhaps the biggest threat to WTO’s efficacy today is the attitude of the US. The world’s largest economy appears to have lost faith in the organisation and has begun to undermine one of its most successful segments, the dispute redressal mechanism. This is significant as the US has been directly involved in nearly half of all cases brought to WTO. Separately, large groups of countries decided to pursue negotiations on e-commerce, investment facilitation and removal of trade obstacles for medium and small scale industries. By itself this should not weaken WTO. But it comes at a time when there is growing frustration with gridlock at WTO.

 

India did well to defend its position on its food security programme. The envisaged reform package which will see a greater use of direct cash transfers to beneficiaries will be in sync with what developed countries do. But it’s important for India to enhance its efforts to reinvigorate WTO. In this context, India’s plan to organise a meeting of some countries early next year is a step in the right direction. WTO represents the best available platform to accommodate interests of a diverse set of nations. Therefore, India should be at the forefront of moves to fortify it.

 

Which of the following nation is keen to fortify its interest on WTO platform?

 

A) USA B) Japan
C) Russia D) India
 
Answer & Explanation Answer: D) India

Explanation:
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Q:

Who are the winners of the WTA Portugal open 2014 women's doubles title?

Answer

Sania Mirza and Cara Black

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Subject: Sports

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Q:

Which Indian armed force has conducted ‘Exercise Topchi 2019’?

A) Indian Army B) Indian Air Force
C) Indian Coast Guard D) Indian Navy
 
Answer & Explanation Answer: A) Indian Army

Explanation:
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Q:

An ideal gas cannot be

A) liquified B) solidified
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) liquified

Explanation:

An ideal gas cannot be liquified because forces between the molecules are negligible.

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Q:

What are good sources of fat for the body?

A) Fish and eggs B) Nuts
C) Cheese D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

The foods that are good source of fat and incredibly healthy to the body ar fatty fish, eggs, nuts, cheese, avocados, dark chocolates, etc...

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Q:

According to World Economic Forum Global Gender Gap Report 2017, Indian has closed ______ percentage of its gender gap.

A) 39 B) 67
C) 53 D) 91
 
Answer & Explanation Answer: B) 67

Explanation:
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