GK - Economics Test - 01

1. It will pay a monopolist to cut the price of his product if

a. the demand curve facing him is relatively elastic

b. he is making a loss

c. marginal revenue is greater than marginal cost

d. average total cost is falling

2. Which of the following holders fo a company's issued capital is likely to receive the biggest increase in income if there is a substantial increase in profits ?

a. A 10 percent cumulative preference shareholder

b. An 11 percent preference shareholder

c. A 12 percent debenture holder

d. An ordinary shareholder

3. Which one of the following is not a flow concept ?

a. Production

b. Capital

c. Investment

d. Consumption

4. Under perfect competition and liorl run, a firm would continue to produce, provided

a. it is able to recover its variable costs

b. it is able to recover its total cost

c. its loss does not exceed a specified amount

d. it is able to recover its fixed costs

5. An indifference curve for an individual consumer represents graphically

a. the quantities of one good which are equal to quantities of another good

b. the way in which a consumer spends his income on two goods

c. the possible combination of two goods which he can buy with his income

d. combinations of two goods which have the same marginal utility

6. Which of the following is the most likely reason why total income tends to fluctuate ?

a. Consumption is not always a constant fraction of income

b. People adjust to changing incomes by changing saving habits

c. Consumption habits often undergo dramatic changes

d. Many savings and investment decisions are taken by different people

7. Which of the folowing businesses would probably find it easiest to borrow money from complete strangers ?

a. A private joint stock cornpany

b. A public joint stock company

c. A partnership of 50 years' standing

d. Any partnership

8. The open market operations refer to the sale and purchase by the RBI of

a. foreign exchange

b. gold

c. government securities

d. all of these

9. Select from the following list the costs which are most likely to vary with the output of a car manufacturer during a period of a year.

a. The salary of the managing director

b. The rent of the factory

c. The wages of the workers in the paint shop

d. The interest paid on a loan used for general purposes

10. The surn of the marginal propensity to consume and the marginal propensity to save must be equal to

a. disposable income

b. one

c. the multiplier

d. zero

General Knowledge

1. World Geography -Test-01

2. World Geography -Test-02

3. World Geography -Test-03

4. Geography of India -Test-01

5. Geography of India -Test-02

6. Geography of India -Test-03

7. Geography of India -Test-04

8. Geography of India -Test-05

9. History of India - Test - 01

10. History of India - Test - 02

11. History of India - Test - 03

12. History of India - Test - 04

13. History of India - Test - 05

14. History of India - Test - 06

15. History of India - Test - 07

Enhanced English Grammar Test

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Pink Lakes of the World

Koyashskoe Lake Ukraine2

The beauty of nature is breathtaking ... Unusual and bright ... Fantastic may be? No its real! One of the few natural and true paradises of Ukraine where the banks are white and water has shades of pink Koyashskoe lake in Kerch (Crimea). A truly impressive landscape painted by the hand of nature!

Koyashskoe lake belongs to the group of salt lakes and is located on the territory of Opuksniy nature reserve. Not the largest (3.7 km long and 2 km wide) but the most unusual it is. It s striking but the depth of the lake is no more than one meter. Why does water have pink shade? The fact is that a lot of red crustaceans 10 20 mm long live in the lake which give pink color to the water. The bottom of the lake is covered with therapeutic mud sulphide silt supply with reserves estimated at 1.7 million cubic meters. Absolutely magical and unforgettable impression!