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Q:

Which of the following organisms can reproduce by regeneration and budding?

A) Yeast B) Plasmodium
C) Hydra D) Planaria
 
Answer & Explanation Answer: C) Hydra

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Filed Under: Biology
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Q:

What is the type of asexual reproduction in Amoeba?

A) Spore formation B) Binary fission
C) Vegetative propagation D) Budding
 
Answer & Explanation Answer: B) Binary fission

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Filed Under: Biology
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Q:

Radish is an example of

A) bulb B) root
C) tuber D) fruit
 
Answer & Explanation Answer: B) root

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Filed Under: Biology
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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

At the equilibrium price

A) quantity demanded is equal to quantity supplied B) quantity demanded is greater than quantity supplied
C) price elasticity of demand is unity D) elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: A) quantity demanded is equal to quantity supplied

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Q:

If demand curve for racing cycles is D = 59600 - 6P and supply curve is S = 29600 + 4P, find the equilibrium Quantity?

A) 118000 B) 300
C) 41600 D) 6000
 
Answer & Explanation Answer: C) 41600

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Q:

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: B) Production function

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Q:

The determinants of aggregate supply -

A) Capital stock B) Wages
C) Technology D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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