Questions

Q:

In the following question, sentence given with blank is to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Either you're a mind reader or it's a __________________ that you called me just as I was keying your phone number.

A) coincidence B) correlation
C) union D) happening
 
Answer & Explanation Answer: A) coincidence

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Q:

Which feature of a plant helps to distinguish a monocot from a dicot?

A) pollination B) venation
C) vernation D) aestivation
 
Answer & Explanation Answer: B) venation

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Q:

Why do atoms bond?

A) To reduce potential energy and gain stability B) To make atoms
C) To increase potential energy and lose stability D) To increase potential energy and gain stability
 
Answer & Explanation Answer: A) To reduce potential energy and gain stability

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Q:

Atomic numbers of four elements are as follows : F(9), P(15), Cl(17), Ar(18). Which of the following two elements would be chemically similar?

A) F and Ar B) Cl and P
C) F and P D) F and Cl
 
Answer & Explanation Answer: D) F and Cl

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Q:

When there is only one buyer and one seller of product, it is called _____ situation.

A) Public monopoly B) Bilateral monopoly
C) Franchised monopoly D) Monopsony
 
Answer & Explanation Answer: B) Bilateral monopoly

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Q:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

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Q:

If for the year a country's GDP was $990 million, consumer spending was $630 million, investment by businesses was $110 million, exports were $55 million and imports were $45 million, calculate government spending?

A) $260 million B) $240 million
C) $480 million D) $460 million
 
Answer & Explanation Answer: B) $240 million

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Q:

The word development in economics pertains to

A) democratic countries B) third world countries
C) advanced countries D) undeveloped countries
 
Answer & Explanation Answer: B) third world countries

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