Questions

Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50% B) 8%
C) 10% D) 15%
 
Answer & Explanation Answer: A) 12.50%

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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax B) Indirect tax
C) Straight tax D) Advance tax
 
Answer & Explanation Answer: A) Direct tax

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Q:

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

A) 8 percent B) 12.5 percent
C) 10 percent D) 15 percent
 
Answer & Explanation Answer: B) 12.5 percent

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Q:

In economics secondary effects refer to the

A)  best alternative that must be forgone as the result of a choice. B) immediate and visible intended consequences of a change.
C) impact of the scarcity of resources on the scarcity of the goods that are produced with those resources. D) unintended consequences of a change that are not immediately identifiable but are felt only with time.
 
Answer & Explanation Answer: B) immediate and visible intended consequences of a change.

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Q:

____ tissue changes the diameter of a blood vessel.

A) Heart B) Muscle
C) Epithelial D) Bone
 
Answer & Explanation Answer: B) Muscle

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Filed Under: Biology
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Q:

Calculate the distance (in cm) of the chord from the centre of the circle, if the chord of length 48 cm is drawn in the circle of radius 25 cm.

A) 7 B) 14
C) 49 D) 56
 
Answer & Explanation Answer: A) 7

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Q:

32% of a number exceeds 17% of the same number by 120. What is the value of the number?

A) 900 B) 860
C) 940 D) 800
 
Answer & Explanation Answer: D) 800

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Q:

Who wrote the book 'Two Fates - The Story of My Divorce', which is a parody of Chetan Bhagat's 'Two States - The Story of My Marriage'?

A) Namita Gokhale B) Judy Balan
C) Swati Kaushal D) Arundati Roy
 
Answer & Explanation Answer: B) Judy Balan

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Filed Under: Books and Authors
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