The 7th term of the series 16, 8, 4, 2 ……… is

June 14, 2021 by admin

Question:

The 7th term of the series 16, 8, 4, 2 ……… is

1/8

1/4

1/2

1/16

Answer» b. 1/4

Note:

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

In pretended bidding, sale is _______________.

June 14, 2021 by admin

Question:

In pretended bidding, sale is _______________.

Sale is voidable at the option of the seller

Sale is voidable at the option of the buyer

Valid

Illegal

Answer» b. Sale is voidable at the option of the buyer

Note:

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

Given Real GDP 8.25%, Nominal GDP 11.25%, Rate of inflation will be

June 14, 2021 by admin

Question:

Given Real GDP 8.25%, Nominal GDP 11.25%, Rate of inflation will be

2.5%

4.25%

3.5%

Answer» b. 3%

Note:

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

Super normal profits occurs when

June 14, 2021 by admin

Question:

Super normal profits occurs when

Average revenue is more than average cost

Total revenue is maximum

Total cost is minimum

MC is equal to MR

Answer» a. Average revenue is more than average cost

Note:

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

Conducting occasional check-ups of the products manufactured or assembled toensure high quality of the production is known as:

June 14, 2021 by admin

Question:

Conducting occasional check-ups of the products manufactured or assembled toensure high quality of the production is known as:

Planning

Scheduling

Inspection

Routing

Answer» c. Inspection

Note:

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

The concept of ‘Consumer Surplus’ was introduced in Economics by

June 14, 2021 by admin

Question:

The concept of ‘Consumer Surplus’ was introduced in Economics by

Prof. Robbins

Prof. Samuelson

Prof. Smith

Prof. Marshall

Answer» d. Prof. Marshall

Note:

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

The Employees Provident Funds Act, 1952 is applicable to every establishment mentioned in schedule 1 and employed

June 14, 2021 by admin

Question:

The Employees Provident Funds Act, 1952 is applicable to every establishment mentioned in schedule 1 and employed

10 persons or more

100 or more persons

20 or more persons

50 or more persons

Answer» c. 20 or more persons

Note:

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

Most important benefit to the consumer from efficient production system is:

June 14, 2021 by admin

Question:

Most important benefit to the consumer from efficient production system is:

He can save money

He will have product of his choice easily available

He gets increased use value in the product

He can get the product on credit.

Answer» c. He gets increased use value in the product

Note:

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

Real GDP is measured in………….prices

June 14, 2021 by admin

Question:

Real GDP is measured in………….prices

Base year

Current year

1980

2000

Answer» a. Base year

Note:

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

All the factors of production become variable in the

June 14, 2021 by admin

Question:

All the factors of production become variable in the

Short run

long run

very short run 2

very long run

Answer» b. long run

Note:

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