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- Question
What happens to demand when price increases?
Options- A. increases
- B. decreases
- C. remains same
- D. Can't be determined
- Correct Answer
- decreases
ExplanationThe Law of Demand tells that, if the price of a product increases then the demand will go down i.e, decreases iff all other things equal.
- 1. United Nations adapted a Charter of Economic Rights in the year
Options- A. 1969
- B. 1974
- C. 1956
- D. 1964 Discuss
- 2. The intersecting lines drawn on maps and globes are
Options- A. latitudes
- B. longitudes
- C. geographic grids
- D. None of the above Discuss
- 3. The budget deficit means
Options- A. the excess of total expenditure, including loans, net of lending over revenue receipts
- B. difference between revenue receipts and revenue expenditure
- C. difference between all receipts and all the expenditure
- D. fiscal deficit less interest payments Discuss
- 4. The infrared radiation by sun are strongly absorbed by
Options- A. carbon dioxide
- B. water vapours
- C. carbon dioxide and water vapours
- D. ozone Discuss
- 5. The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
Options- A. 1984
- B. 1986
- C. 1987
- D. 1989 Discuss
- 6. Eugenics is the study of
Options- A. altering human beings by changing their genetic components
- B. people of European origin
- C. different races of mankind
- D. genetic of plants Discuss
- 7. The highest mountains in Africa, which is not part of any mountains chain, is
Options- A. Mt. Aconcagua
- B. Mt. Kilimanjaro
- C. Mt. Kosciuszko
- D. Mont Blanc Discuss
- 8. How many former republics of USSR have become members of the Commonwealth of Independent States?
Options- A. 11
- B. 10
- C. 12
- D. 9 Discuss
- 9. The length of the tropical years (the time interval between successive occurrences of the spring equinox) is decreasing very slowly as a result of
Options- A. small, progressive changes in the earth's rotational speed
- B. small, progressive change in earth's orbit around the sun
- C. both (a) and (b)
- D. None of the above Discuss
- 10. The term Khalisa in Mughal administration signified the
Options- A. entire Imperial establishment
- B. land owned b the emperor himself
- C. religious land grants
- D. land from where revenue was collected for the Imperial Treasury Discuss
More questions
Correct Answer: 1974
Correct Answer: geographic grids
Correct Answer: difference between all receipts and all the expenditure
Correct Answer: carbon dioxide
Correct Answer: 1987
Correct Answer: altering human beings by changing their genetic components
Correct Answer: Mt. Kilimanjaro
Correct Answer: 11
Correct Answer: both (a) and (b)
Correct Answer: land owned b the emperor himself
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