Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000	B) Rs 2000
C) Rs 1000	D) Rs 7000

Answer & Explanation Answer: A) Rs 3000

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Q:

If Money supply growth is faster than real GDP growth, it results in _____.

A) Inflation	B) deflation
C) budget surplus	D) budget deficit

Answer & Explanation Answer: A) Inflation

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Q:

In October 2017, SEBI directed the stock exchanges to impose how much fine/penalty on those companies which do not comply with the minimum public shareholding norms?

A) Rs 5000 per day	B) Rs 12,000 per day
C) Rs 15,000 per day	D) Rs 20,000 per day

Answer & Explanation Answer: A) Rs 5000 per day

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Q:

Which of the following best defines free trade?

A) Imports are discouraged	B) There are no restrictions on exports and imports
C) There are no duties levied on export	D) Imported goods are made duty free

Answer & Explanation Answer: B) There are no restrictions on exports and imports

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Q:

Which team won the 2016 Champions Trophy Men's Hockey tournament defeating India in the finals in London?

A) Netherlands	B) Australia
C) USA	D) Spain

Answer & Explanation Answer: B) Australia

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Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus	B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus	D) Rs 8000 worth of producer surplus

Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Q:

When the human body temperature falls by about 2 - 3.5 F below the normal body temperature, the condition is known as

A) Fever	B) Hypothermia
C) Hyperthermia	D) Hyperpyrexia

Answer & Explanation Answer: B) Hypothermia

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Filed Under: Biology
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Q:

Which of the following products can be obtained from coal processing?

A) Coke	B) Coal tar
C) Coal gas	D) All options are correct

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