Questions

Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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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:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.  B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions. D) the extent to which a market is competitive. 
 
Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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Q:

A growing country is one with ___________ there.

A) rising GNP at constant prices B) rising GNP at current prices
C) constant GNP at constant prices D) No option is correct
 
Answer & Explanation Answer: A) rising GNP at constant prices

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Q:

The number of valence electrons in an atom of Phosphorous is

A) 4 B) 3
C) 2 D) 5
 
Answer & Explanation Answer: D) 5

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Filed Under: Chemistry
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Q:

Who is the author of "Everyone Has A Story"?

A) Durjoy Datta B) Savi Sharma
C) Ajay K Pandey D) Preeti Shenoy
 
Answer & Explanation Answer: B) Savi Sharma

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Q:

Who is the author of the Indian English Novel 'Sita : Warrior of Mithila' published in 2017?

A) Rahul Mehta B) Chetan Bhagat
C) Amish Tripathi D) Robin Sharma
 
Answer & Explanation Answer: C) Amish Tripathi

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Q:

As of February 2018, who owns the Delhi-based IPL team "Delhi Daredevils"?

A) Shilpa Shetty B) Virender Sehwag
C) GMR Group D) Shah Rukh Khan
 
Answer & Explanation Answer: C) GMR Group

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