Sail E0 Webinar

MCQs

Total Questions : 874 | Page 81 of 88 pages
Question 801. A budget constraints line is a result of:
  1.    Market price of commodity X
  2.    Market price of commodity Y
  3.    Income of the consumer
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
Question 802. Indifference curves never intersect each other due to:
  1.    Different levels of satisfaction
  2.    Same levels of satisfaction
  3.    Convex to origin
  4.    Concave to origin
 Discuss Question
Answer: Option A. -> Different levels of satisfaction
Question 803. Marginal utility approach was given by:
  1.    J.R. Hicks
  2.    Alfred Marshall
  3.    Robbins
  4.    A.C. Pigou
 Discuss Question
Answer: Option B. -> Alfred Marshall
Question 804. At equilibrium, the slope of the indifference curve is:
  1.    Equal to the slope of budget line
  2.     Greater than the slope of budget line
  3.    Smaller than the slope of budget line
  4.    None of these
 Discuss Question
Answer: Option A. -> Equal to the slope of budget line
Question 805. An indifference curve is always:
  1.    (a) Concave to the origin
  2.     (b) Convex to the origin
  3.    (c) L – shaped
  4.    (d) A vertical straight line
 Discuss Question
Answer: Option B. ->  (b) Convex to the origin
Question 806. ---------------- shows various combinations of two products that give same amount of satisfaction:
  1.    ISO cost curve
  2.    Indifference curve
  3.    Marginal utility curve
  4.    ISO quant
 Discuss Question
Answer: Option B. -> Indifference curve
Question 807. The condition of consumer equilibrium under cardinal approach in case of one commodity is
  1.    price of commodity should be rising
  2.    price of commodity should equal to be marginal utility
  3.    price of commodity should be decreasing
  4.    none of these
 Discuss Question
Answer: Option B. -> price of commodity should equal to be marginal utility
Question 808. Efficiency is producing the maximum possible output from available resources
  1.    True
  2.    False
 Discuss Question
Answer: Option A. -> True
Question 809. Australia's biggest export in 2017 was
  1.    Iron ore
  2.    Wheat
  3.    Natural gas
  4.    Coal
 Discuss Question
Answer: Option A. -> Iron ore
Question 810. Expert Opinion method is also known as
  1.    Delphi Method
  2.    Marshall Method
  3.    Tausing Method
  4.    none of the above
 Discuss Question
Answer: Option A. -> Delphi Method

Latest Videos
Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)
Direction Sense Test Part 1 Reasoning (Hindi)
Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE
Cube & Cuboid Part 1 Reasoning (Hindi)
Data Interpretation (DI) Basic Concept Reasoning (Hindi)
Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)
Sail E0 free webinar Webinars
Real Numbers Part 7 Class 10 Maths
Real Numbers Part 1 Class 10 Maths
Polynomials Part 1 Class 10 Maths

Latest Test Papers

GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024
Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI
Chapter 1.1 : INTRODUCTION Chapter 1 : Raw Material Handling Plant SAIL E0 - GPOE/GPA 2024
Chapter 3.1 : INTRODUCTION Chapter 3 : Sinter Plant SAIL E0 - GPOE/GPA 2024
Chapter 2.3 : COAL HANDLING PLANT - Set 1 Chapter 2 : Coke Ovens and Coal Chemicals SAIL E0 - GPOE/GPA 2024