Which of the following is not correctly matched

May 4, 2021 by admin

Question:

Which of the following is not correctly matched

Bows and arrows – used as money in the hunting society

Cattles – used as money in the pastoral society

Grains – used as money by the agricultural society

Gold and silver coins – used as money in which the face value is greater than its

Answer» c. Grains – used as money by the agricultural society

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

The registration of births, deaths and marriages are:

May 4, 2021 by admin

Question:

The registration of births, deaths and marriages are:

a fancy of society

a part of medical research

a legal document

all the above

Answer» c. a legal document

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Fisher’s Ideal Formula for calculating index nos. satisfies the________ tests

May 4, 2021 by admin

Question:

Fisher’s Ideal Formula for calculating index nos. satisfies the________ tests

units test

factor reversal test

both a and b

do not satisfy any test

Answer» c. both a and b

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

A consumer’s income or budget is 120. She buys two goods, x and y, with prices 3 and 4respectively. Then the budget constraint can be expressed as

May 4, 2021 by admin

Question:

A consumer’s income or budget is 120. She buys two goods, x and y, with prices 3 and 4respectively. Then the budget constraint can be expressed as

4x + 3y = 120

3x + 4y = 120

12x + 12y = 120

cannot be determined

Answer» b. 3x + 4y = 120

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Commercial papers were introduced in:

May 4, 2021 by admin

Question:

Commercial papers were introduced in:

1989

1982

1985

1990

Answer» d. 1990

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Which of the following industries is most likely to be monopolistically competitive?

May 4, 2021 by admin

Question:

Which of the following industries is most likely to be monopolistically competitive?

The automobile industry

The steel industry

The car repair industry

The electrical generating industry

Answer» c. The car repair industry

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Peak is the — turning point of the business cycle.

May 4, 2021 by admin

Question:

Peak is the — turning point of the business cycle.

Upper turning point

Lower turning point

Middle turning point

None of these

Answer» a. Upper turning point

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Which of the following embodies a more widely accepted definition of economics?

May 4, 2021 by admin

Question:

Which of the following embodies a more widely accepted definition of economics?

Science of material welfare

Science of wealth

A study of mankind in the ordinary business of life

Science of making choice.

Answer» d. Science of making choice.

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

Maximum number of linearly independent rows and columns of a matrix is called

May 4, 2021 by admin

Question:

Maximum number of linearly independent rows and columns of a matrix is called

rank

adjoint

determinant

inverse

Answer» a. rank

Note:

The above multiple-choice question is for all general and Competitive Exams in India.

The U shape of MC curve reflects

May 4, 2021 by admin

Question:

The U shape of MC curve reflects

economies of scale

law of increasing returns

reserve capacity

law of variable proportion

Answer» d. law of variable proportion

Note:

The above multiple-choice question is for all general and Competitive Exams in India.