Questions

Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good B) Giffin good
C) Inferior good D) Normal good
 
Answer & Explanation Answer: A) Superior good

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Filed Under: Indian Economy
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Q:

In 2015 the nominal rate of interest in country was 6%, and the inflation rate then was 1.5%. So real rate of interest in 2015 was

A) 7.50% B) 4.50%
C) 4% D) 0.25%
 
Answer & Explanation Answer: B) 4.50%

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Filed Under: Indian Economy
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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Filed Under: Indian Economy
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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

In a strange ________________, the production and the consumption of the event become cause for concern. _______________ wonders whether newer forms of “non­caring” or violence are appearing. Somehow, silence, even __________________, quietly suppresses a meditation on such events. __________________ a professor, I can recollect the number of occasions when my students have cried as we discussed such events in class. _____________, society seems so indifferent.

_____________, society seems so indifferent.

A) Yet B) Thus
C) Hence D) So
 
Answer & Explanation Answer: A) Yet

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Filed Under: English
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Q:

In the following question, sentence given with blank to be filled in with an appropriate word(s). Four alternatives are suggested for the question. Choose the correct alternative out of the four and indicate it by selecting the appropriate option.

 

The gate _______ by the watchman on duty.

 

A) opened B) was opened
C) were opened D) was Opening
 
Answer & Explanation Answer: B) was opened

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Q:

What is the name of world’s first artificial intelligence politician developed by New Zealand?

A) NICK B) PAUL
C) SAM D) TOM
 
Answer & Explanation Answer: C) SAM

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Filed Under: General Awareness
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Q:

Who won a gold medal in the World Weightlifting Championship at Anaheim, USA, in 2017?

A) Vandna Gupta B) Karnam Malleswari
C) Kunjarani Devi D) Mirabai Chanu
 
Answer & Explanation Answer: D) Mirabai Chanu

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Filed Under: Honours and Awards
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