Questions

Q:

Which is the 1st Central Bank to reach one million followers on twitter?

A) Central Bank of India B) Reserve Bank of India
C) The Bank of Ghana D) Bank of America
 
Answer & Explanation Answer: B) Reserve Bank of India

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Q:

What is the simplified value of 1cosec A + cot A2 ?

A) sec A + tan A B) (1 – cos A)/(1 + cos A)
C) (1 – cosec A)/(1 + cosec A) D) sin A
 
Answer & Explanation Answer: B) (1 – cos A)/(1 + cos A)

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Q:

Find out the odd word/letters/number/number pair from the given alternatives.

A) 6305 B) 7426
C) 9728 D) 5305
 
Answer & Explanation Answer: D) 5305

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Q:

Name the professional Indian basketball player who became the first ever player to be drafted from India into the National Basketball Association (NBA).

 

A) SatnamSingh Bhamara B) Akilan Pari
C) Yadwinder Singh D) Ajmer Singh
 
Answer & Explanation Answer: A) SatnamSingh Bhamara

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Q:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

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Filed Under: Indian Economy
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Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist. B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole. D) The life insurance industry has been destroyed by high and uncertain inflation as well.
 
Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: B) Law of variable proportions

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Q:

The maximum number of electrons that can be accommodated in a shell is indicated by the formula

A) 2n-2 B) 2n3
C) 2n D) 2n2
 
Answer & Explanation Answer: D) 2n2

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