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Q:

Which among the following is an example of micro-economic variable?

A) National Income B) Aggregate Supply
C) Employment D) Consumer's Equilibrium
 
Answer & Explanation Answer: D) Consumer's Equilibrium

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Filed Under: Indian Economy
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Q:

Who is the author of the book titled "Walking With The Comrades"?

A) Shashi Tharoor B) Arundhati Roy
C) Ramchandra Guha D) Anuradha Roy
 
Answer & Explanation Answer: B) Arundhati Roy

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Filed Under: Books and Authors
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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Importune

 

A) Appeal B) Important
C) Imply D) Purchase
 
Answer & Explanation Answer: A) Appeal

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Filed Under: English
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Q:

Oparin's theory about 'Origin of life' is related to

A) biological evolution B) chemical evolution
C) artificial evolution D) physical evolution
 
Answer & Explanation Answer: B) chemical evolution

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Filed Under: General Science
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Q:

In August 2017, RBI announced to transfer approximately how much amount for the Financial Year 2016-17 as a dividend to the Government?

A) Rs 30,659 crore B) Rs 50,650 crore
C) Rs 60,659 crore D) Rs 70,659 crore
 
Answer & Explanation Answer: A) Rs 30,659 crore

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Filed Under: Indian Politics
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Q:

Earnings per share are calculated by dividing

A) (net income less preferred stock dividends) by average common shares outstanding. B) gross profit by average common shares outstanding.
C) net sales by average common shares outstanding. D) net income by average common shares outstanding.
 
Answer & Explanation Answer: A) (net income less preferred stock dividends) by average common shares outstanding.

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Filed Under: Indian Economy
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Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units B) 4500 units
C) 10500 units D) 6000 units
 
Answer & Explanation Answer: D) 6000 units

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Filed Under: Indian Economy
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Q:

Government borrowing to finance budget deficits _____.

A) will exert downward pressure on interest rates B) will have no effect on interest rates
C) will increase supply of loanable funds D) will put upward pressure on interest rates
 
Answer & Explanation Answer: D) will put upward pressure on interest rates

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Filed Under: Indian Economy
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