Questions

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:

Name the organ where the embryo develops:

A) Ureter B) Uterus
C) Cervix D) Fallopian tube
 
Answer & Explanation Answer: B) Uterus

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

In the following question, a sentence/a part of the sentence is underlined. Below are given alternatives to the underlined part which may improve the sentence. Choose the correct alternatives. In case no improvement is required, choose "No Improvement" option.


The agressive response after the peace summit made no sense of the call for moderation.

 

A) made nonsense of B) made no sense to
C) make no sense to D) No improvement
 
Answer & Explanation Answer: A) made nonsense of

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Q:

The 103rd Indian Annual Science Congress was held in

A) Bengaluru B) Mysore
C) New Delhi D) Lucknow
 
Answer & Explanation Answer: B) Mysore

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Filed Under: General Awareness
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse square law __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where the judge, the police and the civil servant dispense ___________ to the citizen.


The universe is governed ________ law.

 

A) at B)  to  
C)  by D)  so
 
Answer & Explanation Answer: C)  by

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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:

Globalization of the economy has

A) decreased regional specialization of production B) decreased investment in less developed countries
C) heightened economic differences among places D) leveled economic differences between places
 
Answer & Explanation Answer: C) heightened economic differences among places

Explanation:

Economic globalization is the increasing economic integration and interdependence of national, regional and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital.

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Q:

The production possibilities curve illustrates the basic principle that

A) an economy's capacity to produce increases in proportion to its population size. B) the production of more of any one good will in time require smaller and smaller sacrifices of other goods.
C) an economy will automatically seek that level of output at which all of its resources are employed. D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.
 
Answer & Explanation Answer: D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

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