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Q:

Which of the following tax systems will help to reduce economic inequalities in India?

A) Regressive Tax B) Progressive Tax
C) Flat rate tax D) None of these
 
Answer & Explanation Answer: B) Progressive Tax

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Filed Under: Indian Economy
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Q:

If the break­even quantity for a factory whose variable cost of manufacturing a cell is Rs. 15 and selling price is Rs. 24 is 2,400 units, find the fixed cost of the factory?

A) Rs. 21600 B) Rs. 36000
C) Rs. 57600 D) Rs. 14400
 
Answer & Explanation Answer: A) Rs. 21600

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Filed Under: Indian Economy
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Q:

Find arc elasticity of demand, if quantity demanded falls from 4600 to 4200 when price of the item is increased from Rs 960 to Rs 1000?

A) -2.23 B) -­2.09
C) 2.23 D) 2.09
 
Answer & Explanation Answer: A) -2.23

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Q:

Dudhwa Tiger Reserve is in which state?

A) Karnataka B) Uttar Pradesh
C) Chhattisgarh D) West Bengal
 
Answer & Explanation Answer: B) Uttar Pradesh

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Filed Under: Indian Geography
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Q:

Which of the following is an excretory organ of cockroach?

A) Malphigian Tubules B) Nephridia
C) Coxal Gland D) Green Gland
 
Answer & Explanation Answer: A) Malphigian Tubules

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Filed Under: Biology
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Q:

The chemical that is used to ripen mangoes is

A) Calcium sulphide B) Calcium carbide
C) Calcium carbonate D) Calcium chloride
 
Answer & Explanation Answer: B) Calcium carbide

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Filed Under: General Awareness
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Q:

Person who is colour-blind cannot distinguish between

A) Black and yellow B) Red and green
C) Yellow and white D) Green and blue
 
Answer & Explanation Answer: B) Red and green

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Filed Under: General Science
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