Questions

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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Filed Under: Indian Economy
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Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: B) Law of variable proportions

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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market D) Raising and lowering the foreign exchange rate
 
Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Q:

How many versions of each trait will be there in each child as per the rules for the inheritance of traits?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Filed Under: Biology
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Q:

Which term describes an enzyme?

A) reactant B) catalyst
C) substrate D) product
 
Answer & Explanation Answer: B) catalyst

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Filed Under: Chemistry
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Q:

The second most senior office in the country is of _____ .

A) Office of the President of India B) Office of the Prime Minister of India
C) Office of the Vice President of India D) Office of the Chief Justice of India
 
Answer & Explanation Answer: C) Office of the Vice President of India

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Filed Under: Indian Politics
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Q:

The tennis star, ___ was provisionally suspended after testing positive for banned drugs during Australian open 2016.

A) Maria Sharapova B) Serena Williams
C) Ana Ivanovic D) Andy Murray
 
Answer & Explanation Answer: A) Maria Sharapova

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Filed Under: Sports
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Q:

Find the odd word/letters/number from the given alternatives.

A) Apartment B) Garage
C) Quarter D) Flat
 
Answer & Explanation Answer: B) Garage

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