Questions

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:

Which would most likely increase aggregate supply?

A) A decrease in net exports B) A decrease in business subsidies
C) An increase in productivity D) An increase in the prices of imported products
 
Answer & Explanation Answer: D) An increase in the prices of imported products

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Q:

Who is the Chairman of the Film and Television Institute of India as of February 2018?

A) Jaya Prada B) Anupam Kher
C) Mithum Chakraborty D) Jaya Bachchan
 
Answer & Explanation Answer: B) Anupam Kher

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Q:

Which of the following statements is correct about the President of India ?

A) Addresses first session of Parliament after each General Election. B) Addresses first session of Parliament at the beginning of each year
C) Addresses every session of Parliament D) Never addresses Parliament
 
Answer & Explanation Answer: A) Addresses first session of Parliament after each General Election.

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Q:

In which of the following Five Year Plan was the growth rate target exceeded?

A) Eighth Five Year Plan   B) Ninth Five Year Plan  
C) Tenth Five Year Plan   D) Eleventh Five Year Plan  
 
Answer & Explanation Answer: B) Ninth Five Year Plan  

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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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Q:

During the free fall of the object, the decrease in potential energy, at any point in its path, appears as an equal amount of increase in _________________.

 

A) kinetic energy B) work done
C) heat energy D) gravitational force
 
Answer & Explanation Answer: A) kinetic energy

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Q:

A beedi making workshop can hire 5 women by paying them Rs. 300 per day. The 6th woman demands Rs. 350 per day. If this woman is hired then all other women must be paid Rs. 350. The marginal resource (labour) cost of the 6th woman is

A) Rs. 600 B) Rs. 50
C) Rs. 300 D) Rs. 100
 
Answer & Explanation Answer: A) Rs. 600

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