Questions

Q:

Which team created history by winning the Ranji Trophy for the first time in January 2018?

A) Kerala B) West Bengal
C) Odisha D) Vidarba
 
Answer & Explanation Answer: D) Vidarba

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Filed Under: Sports
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Q:

Which of the following increased in the 1920's?

A) Farmers' debt B) Domestic demand for U.S. farm products
C) Prices for farm productsc) D) Foreign demand for U.S. farm products
 
Answer & Explanation Answer: A) Farmers' debt

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Filed Under: Indian History
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Q:

During the day which process is the major driving force in the movement of water in the xylem?

A) Transpiration pull B) Evaporation
C) Suction D) Translocation
 
Answer & Explanation Answer: A) Transpiration pull

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Filed Under: Biology
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Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs B) price exceeds its average total costs
C) average variable costs exceed its average total costs D) fixed costs are zero
 
Answer & Explanation Answer: A) price exceeds its marginal costs

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Filed Under: Indian Economy
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Q:

If Reserve Bank of India reduces the cash reserve ratio, it will :

A) increase credit creation B) decrease credit creation
C) have no impact on credit creation D) have no definite impact on credit creation
 
Answer & Explanation Answer: A) increase credit creation

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Q:

The demand for a normal good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: A) increase

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Filed Under: Indian Economy
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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 demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient D) indicates that there is a direct relationship between quantity demanded and price
 
Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

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