Q:

The production possibilities curve illustrates the basic principle that

A) an economy's capacity to produce increases in proportion to its population size.	B) the production of more of any one good will in time require smaller and smaller sacrifices of other goods.
C) an economy will automatically seek that level of output at which all of its resources are employed.	D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

Answer & Explanation Answer: D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 759

Q:

Who won the 2015 Australian Grand Prix?

A) Louis Hamilton	B) Kimi Raikkonen
C) Jenson Button	D) Sebastian Vettel

Answer & Explanation Answer: A) Louis Hamilton

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

1 758

Q:

Who has been appointed as first-ever Ombudsman (Ethics officer) of BCCI?

A) Justice A.P. Shah	B) Justice Anil R. Dave
C) Justice Dipak Misra	D) Justice Jagdish Singh Khehar

Answer & Explanation Answer: A) Justice A.P. Shah

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Loess Plateau is situated in ___________.

A) Malaya	B) Thailand
C) China	D) Korea

Answer & Explanation Answer: C) China

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Filed Under: World Geography
Exam Prep: Bank Exams

1 757

Q:

This is NOT a use of a concave mirror?

A) As rear view mirrors	B) In torches
C) As shaving mirrors	D) In headlights

Answer & Explanation Answer: A) As rear view mirrors

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Filed Under: Physics
Exam Prep: Bank Exams

3 756

Q:

Which union minister from the Lok Jana Shakti Party belongs to PM Narendra Modi's Cabinet?

A) J.P. Nadda	B) Ram Vilas Paswan
C) Ravi Shankar Prasad	D) Radha Mohan Singh

Answer & Explanation Answer: B) Ram Vilas Paswan

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The international trade effect states that

A) an increase in the price level will lower net exports.	B) an increase in the price level will raise exports.
C) an increase in the price level will raise net exports.	D) an increase in the price level will lower imports

Answer & Explanation Answer: A) an increase in the price level will lower net exports.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Tom Hanks is associated with which of the following?

A) Films	B) Sports
C) Music	D) Science

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