Question : When Elasticity of Demand Curve is 1 at every point on the Demand Curve, this curve is known as:
Option 1: Perfectly inelastic demand curve
Option 2: Perfectly elastic demand curve
Option 3: Rectangular Hyperbola
Option 4: Greater than unitary demand curve
Correct Answer: Rectangular Hyperbola
Solution : Rectangular hyperbola is a curve under which all rectangular areas are equal. When elasticity of demand curve is 1 at every point on the demand curve, this curve is known as rectangular hyperbola.
Question : The Great Leap Forward (GLF) campaign took place in ________
Option 1: 1948
Option 2: 1938
Option 3: 1958
Option 4: 1942
Question :
Identify the correct sequence of the Selection process :
(A) Selection decision
(B). Employment interview
(C) Selection tests
(D) Reference checking
Choose the correct answer from the options given below:
Option 1: (A), (B), (C), (D)
Option 2: (A), (C), (B), (D)
Option 3: (B), (A), (D), (C)
Option 4: (C), (B), (D), (A)
Question : Arrange the following elements in correct chronological sequence (earliest to latest):
(A) Smithsonian Agreement
(B) Bretton Woods Conference
(C) Establishment of WTO
(D) Gold Standard
Option 2: (D), (B), (A), (C)
Option 3: (D), (A), (B), (C)
Question : Article 112 deals with:
Option 1: Consolidated Fund of India
Option 2: Public Account
Option 3: Union Budget
Option 4: Contingency Fund
Question : The market where existing securities are bought and sold is known as ________
Option 1: Primary market
Option 2: Secondary market
Option 3: Capital market
Option 4: Financial market
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