Questions

Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs B) price = average profit
C) price = marginal costs = minimum average total costs D) price = minimum average variable costs
 
Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

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Q:

­ Inflation exists when

A) there is general increase in the prices over time. B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time. D) there is rise in the purchasing value of money.
 
Answer & Explanation Answer: A) there is general increase in the prices over time.

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Q:

A ceramic pottery unit hires 8 craftsmen by paying each of them Rs 900 per day. The 9th craftsman demands Rs 950 per day. If this craftsman is hired then all other craftsmen must be paid Rs 950. The marginal resource (labour) cost of the 9th craftsman is _________.

A) Rs 1530 B) Rs 1050
C) Rs 50 D) Rs 1350
 
Answer & Explanation Answer: D) Rs 1350

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Q:

Which of the following is considered a "diversified" investment?

A) Index Fund B) Mutual Fund
C) Both of these D) Neither of these
 
Answer & Explanation Answer: C) Both of these

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Q:

Plants bend towards light due to the diffusion of the ____ hormone on the other side of the shoot.

A) abscisic acid B) auxin
C) cytokinin D) gibberellin
 
Answer & Explanation Answer: B) auxin

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Filed Under: Biology
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If asentence is free from error, select 'No Error'.

1. The 26th of January was chosen 

2. to commemorate the Purna Swaraj

3. declaration for the complete independence, of 1930.

4. No error

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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Filed Under: English

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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.

 

The result is that the impact of humanities and liberal arts on _____________ action and day-to-day activities seems to be distinctly on the wane. ______________ and conventional approaches of teaching coupled with stasis that makes them traverse the __________ beaten path of course curricula isn’t helping society see the relevance of humanities and social science ____________ a technology-driven, changing world. The approach inevitably will be nuanced and there will be a need to weak the course content and fine-tune it to come ____________ with newer products to stay relevant and act as a facilitator to business and industry.

 

them traverse the __________ beaten path of course

 

A) similarly B) as same as
C) same D) similarity
 
Answer & Explanation Answer: C) same

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.


Consternation

 

A) Dismay B)  Happiness
C)  Composure D) Assurance
 
Answer & Explanation Answer: A) Dismay

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