Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run.	B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time.	D) tends to be larger in the short run than in the long run.

Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

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Filed Under: Indian Economy
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Q:

Which one of the following derives nutrition from plants as a parasite?

A) Malaria Parasite	B) Lice
C) Bryophyllum	D) Cuscuta

Answer & Explanation Answer: D) Cuscuta

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Filed Under: Biology
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Q:

Which of the following is a feature of aerobic metabolism?

A) energy is produced more slowly than in anaerobic metabolism	B) energy is observed more slowly than in anaerobic metabolism
C) energy is produced more fastly than in anaerobic metabolism	D) energy is observed more fastly than in anaerobic metabolism

Answer & Explanation Answer: A) energy is produced more slowly than in anaerobic metabolism

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Filed Under: Biology
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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers	B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous.	D) Buyers and sellers in the market are assumed to have perfect information.

Answer & Explanation Answer: B) Average total costs continually decrease.

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Q:

The international trade effect states that

A) an increase in the price level will lower net exports.	B) an increase in the price level will raise exports.
C) an increase in the price level will raise net exports.	D) an increase in the price level will lower imports

Answer & Explanation Answer: A) an increase in the price level will lower net exports.

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Q:

Mecca Masjid, Hyderabad was completed by

A) Muhammad Quli Qutb Shah	B) Jahangir
C) Qutb Shahi	D) Aurangazeb

Answer & Explanation Answer: D) Aurangazeb

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Q:

One Watt = ?

A) 1 Joule/sec	B) 1 erg/sec
C) 1 Pascal/sec	D) 1 m/s

Answer & Explanation Answer: A) 1 Joule/sec

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Filed Under: Physics
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Q:

Which among the following is an example of micro-economic variable?

A) National Income	B) Aggregate Supply
C) Employment	D) Consumer's Equilibrium

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