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Q:

If demand curve for roller skates is D = 23000 - 19P and supply curve is S = 18000 + 6P, find the equilibrium Price?

A) Rs 100 B) Rs 400
C) Rs 50 D) Rs 200
 
Answer & Explanation Answer: D) Rs 200

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Filed Under: Indian Economy
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Q:

Income and consumption are ___________.

A) directly related B) partially related
C) inversely related D) unrelated
 
Answer & Explanation Answer: A) directly related

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Filed Under: Indian Economy
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Q:

Disguised unemployment in India is mainly related to

A) Agricultural sector B) Rural Area
C) Factory sector D) Urban Area
 
Answer & Explanation Answer: A) Agricultural sector

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Q:

Name the first Indian to get Nobel prize in economics.

A) Amartya Sen B) C V Raman
C) Mihir Sen D) Arun Shourie
 
Answer & Explanation Answer: A) Amartya Sen

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Q:

The consumption schedule is such that

A) the MPC and the APC must be equal at all levels of income. B) the APC is constant and the MPC declines as income rises.
C) both the APC and the MPC increase as income rises. D) the MPC is constant and the APC declines as income rises.
 
Answer & Explanation Answer: D) the MPC is constant and the APC declines as income rises.

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Q:

A) Mineral B) Tribe
C) Grass D) Town
 
Answer & Explanation Answer: C) Grass

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Filed Under: Chemistry
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Q:

Diwane­i­khas is in which of these monuments?

A) Humayun's Tomb B) Mahabodhi Temple Complex
C) Qutub Minar D) Red Fort Complex
 
Answer & Explanation Answer: D) Red Fort Complex

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Filed Under: Indian Geography
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Q:

In rainforest habitats are classified by?

A) in the canopy B) tree type
C) vertically D) by water level
 
Answer & Explanation Answer: C) vertically

Explanation:

Rainforests are very dense, warm and wet forests. The reason it is called a "rain" forest is because of the high amount of rainfall it gets per year.

 

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Filed Under: Indian Geography
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