Q:

Short run marginal cost curve cuts the short run average cost curve from _______ at the minimum point of short run average cost.

A) top	B) below
C) right	D) left

Answer & Explanation Answer: B) below

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Q:

What does Trypsin do?

A) Breaks down Carbohydrates	B) Synthesizes proteins
C) Breaks down fats	D) Breaks down proteins

Answer & Explanation Answer: D) Breaks down proteins

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Q:

The maximum number of electrons that can be accommodated in M shell is

A) 8	B) 2
C) 18	D) 32

Answer & Explanation Answer: C) 18

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Q:

Why do atoms bond?

A) To reduce potential energy and gain stability	B) To make atoms
C) To increase potential energy and lose stability	D) To increase potential energy and gain stability

Answer & Explanation Answer: A) To reduce potential energy and gain stability

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases.	B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases.	D) if the price of a good increases, the quantity demanded of that good increases.

Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1	B) 1
C) -1.25	D) 1.25

Answer & Explanation Answer: A) -1

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Q:

Time period of Annual Plans was ___________.

A) 1990-1992	B) 1987-1990
C) 1992-1994	D) No option is correct

Answer & Explanation Answer: A) 1990-1992

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Q:

To become a member of the Rajya Sabha a person should be at least _____ years old.

A) 18	B) 30
C) 36	D) 24

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