Questions

Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

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Filed Under: Indian Economy
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Q:

Backward bending supply curve belongs to which market?

A) Capital B) Labour
C) Money D) Inventories
 
Answer & Explanation Answer: C) Money

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Q:

Goods for which demand move in the opposite direction of the income of the consumer are called?

A) Inferior goods B) Normal goods
C) Complementary goods D) Substitute goods
 
Answer & Explanation Answer: A) Inferior goods

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Q:

A price floor is _____.

A) a maximum legal price B) a minimum legal price
C) the price where demand equals supply D) the price where elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: B) a minimum legal price

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Q:

__ was a Chinese Buddhist monk, who studied Buddhist Scriptures at Nalanda and is famous for his 17 year long trip to India between AD 627 to 643.

A) Megasthenes B) Hiuen Tsang
C) Fa-hien D) Al Beruni
 
Answer & Explanation Answer: B) Hiuen Tsang

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Filed Under: Indian History
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Q:

If O is the centroid and AD, BE and CF are the three medians of Δ ABC with an area of 96 cm2 then the area of Δ BOD in cm2 is

A) 8 B) 12
C) 16 D) 24
 
Answer & Explanation Answer: C) 16

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Q:

Sensitivity of potentiometer can be increased by

A) increasing the length of the potentiometer wire B) increasing the e.m.f of the cell
C) decreasing the length of the potentiometer wire D) none of these
 
Answer & Explanation Answer: A) increasing the length of the potentiometer wire

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Filed Under: Physics
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Q:

The speed of the light is maximum in

A) Air B) Vacuum
C) Water D) Glass
 
Answer & Explanation Answer: B) Vacuum

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Filed Under: Physics
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