Questions

Q:

Which of the following Phylum are also called flatworms?

A) Mollusca B) Chordata
C) Ctenophora D) Platyhelminthes
 
Answer & Explanation Answer: D) Platyhelminthes

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Q:

Which is NOT an example of organism that breaks down the food material outside the body and then absorb it?

A) Bread moulds B) Yeast
C) Mushrooms D) Snake
 
Answer & Explanation Answer: D) Snake

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Q:

Which among the following is called quicksilver?

A) Titanium B) Mercury
C) Platinum D) Radium
 
Answer & Explanation Answer: B) Mercury

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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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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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