Questions

Q:

Backward bending supply curve belongs to which market?

A) Capital B) Labour
C) Money D) Inventories
 
Answer & Explanation Answer: C) Money

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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Q:

"Sunrise Industries” are industries _____________

A) which are well developed and have ample scope for further development   B) which improve export performance of the country  
C) which small-scale industries   D) which have high growth potential and meet further requirements of the economy  
 
Answer & Explanation Answer: D) which have high growth potential and meet further requirements of the economy  

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Q:

Which subatomic particle determines the identity of an element?

A) Electrons B) Protons
C) Neutrons D) All the above
 
Answer & Explanation Answer: B) Protons

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Q:

The number of neutrons present in a nitrogen atom is ___.

A) 14 B) 7
C) 11 D) 5
 
Answer & Explanation Answer: B) 7

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Q:

Atomic numbers of four elements are as follows : F(9), P(15), Cl(17), Ar(18). Which of the following two elements would be chemically similar?

A) F and Ar B) Cl and P
C) F and P D) F and Cl
 
Answer & Explanation Answer: D) F and Cl

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Q:

What is C12H22O11 also known as

A) Sand B) Sugar
C) Salt D) Clay
 
Answer & Explanation Answer: B) Sugar

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Q:

The demand for a normal good decreases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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