Questions

Q:

In the following figure, rectangle represents brand managers, circle represents cartoonist, triangle represents sculptors and square represents fathers. Which set of letters represents fathers who are either brand managers or cartoonists?

A) GDF B) FDB
C) BCG D) FDH
 
Answer & Explanation Answer: B) FDB

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Q:

The forces between two bodies are always equal and opposite. This idea is stated in the form of Newton's

A) first and second law of motion B) first law of motion
C) third law of motion D) second law of motion
 
Answer & Explanation Answer: C) third law of motion

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Filed Under: Physics
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Q:

Mechanical energy is equal to

A) Kinetic energy + Chemical energy B) Kinetic energy + Potential energy
C) Kinetic energy + Heat energy D) Kinetic energy + Electrical energy
 
Answer & Explanation Answer: B) Kinetic energy + Potential energy

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Q:

___________ is an alternative way of representing the production function.

A) The Short Run B) The Long Run
C) Isoquant D) Average product
 
Answer & Explanation Answer: C) Isoquant

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Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note B) Usance Promissory Note
C) Demand Promissory Note D) Both a & b
 
Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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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:

Which is the most important factor that determines whether advertising by manufacturing sector will lead to higher sales?

A) Demand is elastic B) Demand is inelastic
C) The product can be differentiated D) The product can be homogenous.
 
Answer & Explanation Answer: C) The product can be differentiated

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Q:

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

 

A) 5%   B) 10%  
C) 3%   D) 8%
 
Answer & Explanation Answer: C) 3%  

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