Questions

Q:

In economics, if a good is inelastic,

A) its supply or demand is not sensitive to price changes. B) consumers have lost an interest in purchasing it.
C) producers have lost an interest in manufacturing it. D) its supply or demand is too sensitive to price changes.
 
Answer & Explanation Answer: A) its supply or demand is not sensitive to price changes.

Explanation:

If the percent change in quantity demanded is less than the percent change in price, economists label the demand for the good as inelastic.

A good that is inelastic does not have very stretchy demand. In economic terms, the quantity demanded does not change a lot when the price changes.

 

So, if the price of a good increases by 10 percent and the quantity demanded decreases by only 5 percent or less than 10, that good is said to have inelastic demand.

 

Hence, in this case, consumers are not considered very sensitive, or responsive, to a change in the price of that good.

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Q:

Sound waves cannot travel through

A) Gas B) Liquid
C) Vacuum D) Solid
 
Answer & Explanation Answer: C) Vacuum

Explanation:

Sound waves cannot travel through a Vacuum.

 

A vacuum is an area without any air, like space. So sound cannot travel through space because there is no matter for the vibrations to work in.

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Q:

KYC norms for e-wallets made mandatory from

A) March 31 B) March 1
C) April 1 D) May 1
 
Answer & Explanation Answer: B) March 1

Explanation:
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Q:

Which material provides warmth even when wet?

A) Cotton B) Wool
C) Nylon D) Silk
 
Answer & Explanation Answer: B) Wool

Explanation:
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Q:

If a mirror is placed on the line AB, then which of the answer figures is the right image of the given figure?

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

Explanation:
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Q:

What are the operating system components?

Answer

- Process management


- Main memory management


- File management


- I/O system management


- Secondary storage management


- Networking


- Protection system


- Command interpreter system

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Q:

Who Built The Suez Canal?

A) Theodore Roosevelt B) Ferdinand de Lesseps
C) Robert Mills D) James Hoban
 
Answer & Explanation Answer: B) Ferdinand de Lesseps

Explanation:

The Suez Canal in Egypt, is a 101 mile long canal that connects the Mediterranean Sea with the Gulf of Suez, a northern branch of the Red Sea. It was built in 1869 by Ferdinand de Lesseps.

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Q:

Kala Ghoda festival, India’s largest multi-cultural street festival begins in which place?

A) Mumbai B) Kolkata
C) Thiruvananthapuram D) Panaji
 
Answer & Explanation Answer: A) Mumbai

Explanation:

The Kala Ghoda Arts Festival is annual festival, nine days long, commencing always on the first Saturday of February and closing always on the second Sunday in February, in the Kala Ghoda area of South Mumbai, India.

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Filed Under: Indian Culture
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