Q:

When some goods or productive factors are completely fixed in amount, regardless of price, the supply curve is

A) horizontal	B) downward sloping to the right
C) vertical	D) upward sloping to the right

Answer & Explanation Answer: D) upward sloping to the right

Explanation:

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A motion that seeks to reduce the amount of demand presented by government to Rs. 1/- is known as

A) Disapproval of policy Cut	B) Token cut
C) Economy cut	D) Vote on account

Answer & Explanation Answer: A) Disapproval of policy Cut

Explanation:

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Q:

Convex and concave mirrors are examples of?

A) Plane mirrors	B) Spherical mirrors
C) Inverted mirror	D) Erect mirror

Answer & Explanation Answer: B) Spherical mirrors

Explanation:

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Filed Under: Physics
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Q:

Which of the following countries launched the World's most powerful GEO Spy Satellite - the 'Gaofen 4'?

A) Russia	B) India
C) USA	D) China

Answer & Explanation Answer: D) China

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Who among the following was responsible for the spread of Buddhism in Sri Lanka?

A) Ashoka	B) Mahavira
C) Parsavanth	D) Chandra Gupta Maurya

Answer & Explanation Answer: A) Ashoka

Explanation:

Buddhism was introduced into Sri Lanka in the third century BCE after the Third Buddhist council by Mahinda Bhikkhu, son of Emperor Ashoka.

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Q:

Where was the 'Azad Hind Fauj' founded?

A) Singapore	B) Thailand
C) Britain	D) Italy

Answer & Explanation Answer: A) Singapore

Explanation:

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Q:

Which of the following country is not a member of SAARC?

A) Nepal	B) Maldives
C) China	D) Afghanistan

Answer & Explanation Answer: A) Nepal

Explanation:

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Q:

With which neighbouring country of India, Kaladan multi-model transport project has been undertaken?

A) China	B) Nepal
C) Bhutan	D) Myanmar

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