Questions

Q:

What is true about economic resources?

A) Economic resources are limited. B) Economic resources are always controlled by the government.
C) Economic resources include only money. D) Economic resources exist only at the individual level.
 
Answer & Explanation Answer: A) Economic resources are limited.

Explanation:

Economic resources are those goods and services that can be converted into valuable products for individual and business purposes.

There are four major types of economic resources:

1. land,

2. labor,

3. capital and

4. entrepreneurship.

 

Land and labor are natural and human resources, while capital means physical resources or money.

Entrepreneurship converts these resources into usable goods.

 

However, resources have finite values, and proper utilization depends on economic systems and economic decisions.

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

What is autonomous system?

Answer

It is a collection of routers under the control of a single administrative authority and that uses a common Interior Gateway Protocol

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Subject: Networking
Job Role: Network Engineer

1 2518
Q:

Which one of the following cities was not included in the list of smart cities in India?

A) Silvassa B) Jorhat
C) Itanagar D) Kavaratti
 
Answer & Explanation Answer: B) Jorhat

Explanation:

Silvassa is in Dadra and Nagar Haveli.Kavarati is capital of Lakshadweep. Itanagar is capital of Arunachal PradeshThese three were originally included in smart city list.Assam government has sent a proposal for Jorhat to be included in smart city list. But it has not yet been included.

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

The substance which makes natural rubber more strong and bouncy?

A) Chlorine B) Sulphur
C) Sponge D) Polythene
 
Answer & Explanation Answer: B) Sulphur

Explanation:

Sulfur vulcanisation is a chemical process for converting natural rubber or related polymers into more durable materials by heating them with sulfur. By this they achieve improved elasticity, resilience, tensile strength, viscosity, hardness and weather resistance.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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9 2517
Q:

Land is considered a resource because it

A) is used to produce things B) requires labor to be useful
C) is always available to use D) costs little or nothing to use
 
Answer & Explanation Answer: A) is used to produce things

Explanation:

Land is considered as an important resource because it is useful in producing many things. For example, in agriculture, land is used for cultivating the crop, in industrial use, it is used for constructing factories and to make products that we use.

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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1 2517
Q:

Distinguish between speculator and hedger?

Answer

The main difference lies in the motive of the two parties. The main motive of the hedger is to hedge(minimize) the risk from the occurence of some events. 


The motive of the speculator is to gamble in the market in order to make the profit by buying/selling the derivative products.


 

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Subject: Finance

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Q:

Which party has announced that the party is quitting from the BJP-Led NDA Alliance at the center?

A) Shiv Sena B) Telugu Desham Party
C) Lok Janshakti Party D) Janata Dal United
 
Answer & Explanation Answer: B) Telugu Desham Party

Explanation:

Andhra Pradesh's TDP - Telugu Desam Party, today i.e on 16th March 2018 quit the NDA government at the Centre a week after two of its ministers resigned from the Union cabinet over the issue of special status for Andhra Pradesh.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

2 2516
Q:

The task of any business is to deliver _ at a profit.

A) Customer value B) Improved quality
C) Customer needs D) Products and services
 
Answer & Explanation Answer: A) Customer value

Explanation:

The task of any business is to deliver Customer value at a profit.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

8 2515