Q:

How are elements arranged in the Modern Periodic Table?

A) In the increasing order of their Molecular Mass	B) In the increasing order of their Atomic Mass
C) In the increasing order of their Atomic Number	D) In the increasing order of their Mass Number

Answer & Explanation Answer: B) In the increasing order of their Atomic Mass

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Q:

If a country devalues its currency, its _______________

A) Exports become cheaper and imports become costlier	B) Exports become costlier and imports become cheaper.
C) Exports value is equivalent to imports value	D) No effect on exports and imports

Answer & Explanation Answer: A) Exports become cheaper and imports become costlier

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Q:

An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______.

A) Zero percent	B) One percent
C) 0.5 percent	D) More than one percent

Answer & Explanation Answer: B) One percent

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Q:

‘Capital gains’ refers to goods which

A) serve as a source of raising further capital	B) help in the further production of goods
C) directly go into the satisfaction of human wants	D) find multiple uses

Answer & Explanation Answer: B) help in the further production of goods

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Q:

___________________________ is an Indian Government Savings Bond, primarily used for small savings and income tax saving investments in India.

A) Provident Fund	B) Life Insurance Policies
C) National Saving Certificate	D) Long term government bonds

Answer & Explanation Answer: C) National Saving Certificate

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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units	B) 90 units
C) 60 units	D) 50 units

Answer & Explanation Answer: C) 60 units

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Q:

___ is not a chemical change.

A) Cooking an egg	B) Melting an ice cube
C) Baking a cake	D) Rotting Bananas

Answer & Explanation Answer: B) Melting an ice cube

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Q:

An element has an atomic weight of W and an atomic number of N. The number of protons in the nucleus of its atom is

A) N	B) W
C) W + N	D) W - N

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