Questions

Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Statement I :The  passing  of  the  Coercive Acts  made reconciliation   between   Britain   and   her American colonies virtually impossible.

Statement II :The  British  Parliament,  having  issued  the Stamp Act in 1765, repealed it later.

A) Both the statements are individually true and Statement II is the correct explanation of Statement I B) Both the statements are individually true but Statement II is not the correct explanation of Statement I
C) Statement I is true but Statement II is false D) Statement I is false but Statement II is true
 
Answer & Explanation Answer: B) Both the statements are individually true but Statement II is not the correct explanation of Statement I

Explanation:
The Coercive Acts included a series of   laws   passed   by   the   British Parliament    in    1774,    including Boston Port Act, the Massachusetts Government Act, the Administration  of  Justice  Act,  and the  Quartering  Act  of  1774,  which were  meant  to  punish  American colonies  for  throwing  a  large  tea shipment  into  Boston Harbour,  so,the  passing  of  the  Coercive  Acts made reconciliation between Britain  and  her  American  colonies virtually impossible. The Stamp Act of  1765  was  passed  by  Parliament of  Great  Britain to  impose  a  direct tax   on   the   colonies   of   British America.  It  was  later  repealed  on March 18, 1766 after protest.
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Work done by an object on application of a force would be zero if the displacement of the object is:

 

A) negative B) Positive
C) neutral D) Zero
 
Answer & Explanation Answer: D) Zero

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

What is the upward force exerted by water called?

A) Density B) Buoyant force
C) Gravitation D) Friction
 
Answer & Explanation Answer: B) Buoyant force

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

The energy released at the end of digestion is in the form of

A) thermal energy B) electric energy
C) kinetic energy D) chemical energy
 
Answer & Explanation Answer: D) chemical energy

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

Who was appointed as the Managing Director of International Monetary Fund for 5 years starting July 5, 2016?

A) Strauss-khan B) Christine Lagarde
C) Jim Yong Kim D) Rodrigo de Rato
 
Answer & Explanation Answer: B) Christine Lagarde

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Which one of the following names is associated with golf?

A) Gurmeet Singh B) H.S. Prannoy
C) S.S.P Chawrasia D) Chetan Anand
 
Answer & Explanation Answer: C) S.S.P Chawrasia

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Filed Under: Sports
Exam Prep: Bank Exams

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