Questions

Q:

If Reserve Bank of India reduces the cash reserve ratio, it will :

A) increase credit creation B) decrease credit creation
C) have no impact on credit creation D) have no definite impact on credit creation
 
Answer & Explanation Answer: A) increase credit creation

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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Q:

Which of the following is not correct?

A) Members of Chlorophyceae are commonly called green algae B) Members of Phaeophyceae are commonly called red algae
C) Members of Rhodophyceae are commonly called red algae D) Members of Phaeophyceae are commonly called brown algae
 
Answer & Explanation Answer: B) Members of Phaeophyceae are commonly called red algae

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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:

15% of an alloy was silver. If in a quantity of alloy there was 51 g of silver, what was the quantity of the other elements in the alloy?

A) 204 g B) 340 g
C) 300 g D) 289 g
 
Answer & Explanation Answer: D) 289 g

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Q:

Which of the following metals is found in free state?

A) Sodium B) Gold
C) Potassium D) Calcium
 
Answer & Explanation Answer: B) Gold

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Q:

There are 15 protons and 22 neutrons in the nucleus of an element. What is its mass number?

A) 22 B) 7
C) 37 D) 15
 
Answer & Explanation Answer: C) 37

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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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