Questions

Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Filed Under: Indian Economy
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Q:

Stagflation exists when _____

A) price indices and output both decrease. B) price indices increase but output decreases.
C) price indices and output both increase. D) price indices decrease but output increases.
 
Answer & Explanation Answer: B) price indices increase but output decreases.

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Q:

The demand for a normal good decreases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Q:

Rate of the growth of an economy is measured in terms of

A) National income B) Monthly family income
C) Number of people who have been lifted above the poverty line D) Industrial Development
 
Answer & Explanation Answer: A) National income

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Q:

What happens to the Potential and Kinetic energies of a body as it falls down from a height?

A) Its Potential energy decreases while its Kinetic energy increases B) There is no change in its Potential or Kinetic energy
C) Its Potential and Kinetic energies decrease D) Its Potential energy increases while its Kinetic energy decreases
 
Answer & Explanation Answer: A) Its Potential energy decreases while its Kinetic energy increases

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Filed Under: Physics
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Q:

How many constellations have been named?

A) 88 B) 99
C) 90 D) 87
 
Answer & Explanation Answer: A) 88

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Filed Under: General Science
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Q:

Which E-commerce giant has recently acquired mobile gaming start-up Mech Mocha?

A) Amazon B) Jiomart
C) Snapdeal D) Flipkart
 
Answer & Explanation Answer: D) Flipkart

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Filed Under: General Awareness
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Q:

Which state government launched 'Orunodoi' Scheme?

A) Assam B) Sikkim
C) Odisha D) West Bengal
 
Answer & Explanation Answer: A) Assam

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Filed Under: Indian Politics
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