Questions

Q:

Goods whose demand is proportional to price are called

A) inferior goods B) Veblen goods
C) normal goods D) exclusive goods
 
Answer & Explanation Answer: B) Veblen goods

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Q:

The _________ balance is equal to capital flows from the rest of the world, minus capital flows to the rest of the world.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: C) Capital Account

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Q:

Macroeconomics can best be described as the

A) analysis of how a consumer tries to spend income. B) analysis of how firms attempt to maximize their profits.
C) study of how supply and demand determine prices in individual markets. D) study of the large aggregates of the economy or the economy as a whole.
 
Answer & Explanation Answer: D) study of the large aggregates of the economy or the economy as a whole.

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Q:

Anaerobic respiration refers to which of the following?

A) Respiration without Oxygen B) Respiration with Oxygen
C) Respiration without CO2 D) Respiration with CO2
 
Answer & Explanation Answer: A) Respiration without Oxygen

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Q:

The average of 17 results is 60. If the average of first 9 results is 57 and that of the last 9 results is 65, then what will be the value of 9th result?

A) 39 B) 78
C) 117 D) 156
 
Answer & Explanation Answer: B) 78

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Q:

Which cricket player recently became the 6th Indian to take 300 wickets in test cricket?

A) Bhuvanesh Kumar B) Jasprit Bumrah
C) Ishant Sharma D) Ravichandran Ashwin
 
Answer & Explanation Answer: C) Ishant Sharma

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Q:

Find the missing number

A) 15 B) 12
C) 11 D) 16
 
Answer & Explanation Answer: B) 12

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Q:

The five permanent members of the UN security council are

A) USA, China, France, Russia and Canada B) China, France, Russia, UK and USA
C) Japan, Germany, Russia, UK and USA D) Germany, China, USA. Russia and UK
 
Answer & Explanation Answer: B) China, France, Russia, UK and USA

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