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Q:

In economic equilibrium _____

A) supply is equal to the demand. B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply D) price elasticity of demand is unity
 
Answer & Explanation Answer: A) supply is equal to the demand.

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Filed Under: Indian Economy
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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Filed Under: Indian Economy
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Q:

If tea companies start using mechanised tea leave pickers

A) more people would want to work as tea leave pickers B) unemployment of tea leave pickers will decrease
C) more tea will be produced per acre D) then wages for manual tea leave pickers will fall
 
Answer & Explanation Answer: D) then wages for manual tea leave pickers will fall

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Q:

Which of the below options is called a laughing gas?

A) N2O B) CO2
C) H2O D) SO2
 
Answer & Explanation Answer: A) N2O

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Filed Under: Chemistry
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Q:

Which   one   of   the   following   statements is  correct  in  relation  to  the  Indian  Air Force?

A) It has bases in many friendly countries. B) It  does  not  carry  out  joint  exercises with any country.
C) It    has    a    separate    Maintenance Command. D) No  officer  has  ever been  elevated  to the  rank  of  Marshal  of  the  Indian  Air Force.
 
Answer & Explanation Answer: C) It    has    a    separate    Maintenance Command.

Explanation:

Maintenance Command is a command of the Indian Air Force. It was raised as Maintenance Group at Chakeri in Kanpur in 1950. In 1955, it was designated as Maintenance Command.

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Filed Under: General Awareness
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Q:

India has designed and developed pilotless target aircrafts named ___ and made successful test flight of its unmanned air vehicle (UAV).

 

1. Nishant

2. Lakshya

3. Astra

 

A) Only 2 B) Only 1
C) Only 2 & 3 D) Only 1 & 2
 
Answer & Explanation Answer: D) Only 1 & 2

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Filed Under: General Science
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Q:

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

 

Her trekking was met ______ obstacles.

 

A) with B) from
C) by D) of
 
Answer & Explanation Answer: A) with

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Filed Under: English
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Q:

In which year was Communist Party of India - Marxist (CPI-M) founded?

A) 1885 B) 1980
C) 1984 D) 1964
 
Answer & Explanation Answer: D) 1964

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Filed Under: Indian History
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