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Q:

If the production possibilities curve was a straight line, this would imply that

A) Economic resources are perfectly substitutable, in the production of the two products B) Equal quantities of both products are produced at each possible point on the curve
C) The two products will sell at the same market price D) The two products are equally important to consumers
 
Answer & Explanation Answer: C) The two products will sell at the same market price

Explanation:

A production–possibility frontier (PPF) or production possibility curve (PPC) is the possible tradeoff of producing combinations of goods with constant technology and resources per unit time.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2723
Q:

Land is considered a resource because it

A) is used to produce things B) requires labor to be useful
C) is always available to use D) costs little or nothing to use
 
Answer & Explanation Answer: A) is used to produce things

Explanation:

Land is considered as an important resource because it is useful in producing many things. For example, in agriculture, land is used for cultivating the crop, in industrial use, it is used for constructing factories and to make products that we use.

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

1 2722
Q:

The speed of a boat when travelling downstream is 32 km/h, whereas when travelling upstream it is 28 km/h. What is the speed of the boat in still water?

A) 27 km/h B) 29 km/h
C) 31 km/h D) Cannot be determined
 
Answer & Explanation Answer:

Explanation:

Ans.  Suppose the speed of boat in still water is x km/h and speed of stream is y km/h

Speedof boat in downstream = (x + y) km/h x+ y = 32 …(i) 

Speed of boat in upstream = (x – y) km/h

x – y = 28 …(ii)

Add. Eqs. (i) and (ii), we get 2x = 60

x = 30 km/h

 

 

 

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Filed Under: English
Exam Prep: CAT , GRE , TOEFL

0 2721
Q:

The single most important invention to farmers is the

A) Tractor B) Automobile
C) Grain solo D) Cotton gin
 
Answer & Explanation Answer: A) Tractor

Explanation:

Tractor was the single most important invention to farmers.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
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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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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams

7 2721
Q:

Largest sea in the world

A) Mediterranean sea B) Philippine sea
C) Black sea D) Red sea
 
Answer & Explanation Answer: B) Philippine sea

Explanation:

Largest sea in the world is Philippine sea.

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Filed Under: Longest, Shortest, Deepest
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3 2720
Q:

The longest sea beach in India is

A) Chapora beach B) Diu beach
C) Aksa beach D) Marina beach
 
Answer & Explanation Answer: D) Marina beach

Explanation:
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Filed Under: Longest, Shortest, Deepest

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Q:

Which city has been named as the world's most liveable city for the seventh year in a row by The Economist in its Global Liveability Report ?

A) Hyderabad B) Vienna
C) Melbourne D) New Delhi
 
Answer & Explanation Answer: C) Melbourne

Explanation:
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Filed Under: Famous Places
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Job Role: Bank Clerk , Bank PO

8 2718