Questions

Q:

The 14th Finance Commission has recommended increase in States share in net proceeds from tax collection from 32% to

A) 35% B) 40%
C) 42% D) 45%
 
Answer & Explanation Answer: C) 42%

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Q:

If tea companies start using mechanised tea leave pickers

A) more people would want to work as tea leave pickers B) unemployment of tea leave pickers will decrease
C) more tea will be produced per acre D) then wages for manual tea leave pickers will fall
 
Answer & Explanation Answer: D) then wages for manual tea leave pickers will fall

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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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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:

The demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient D) indicates that there is a direct relationship between quantity demanded and price
 
Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

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Q:

Where did Rani Lakshmi Bai die fighting the British?

A) Varanasi B) Gwalior
C) Morar D) Jhansi
 
Answer & Explanation Answer: B) Gwalior

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Filed Under: Indian History
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Q:

Which layer of earth is liquid?

A) inner core B) outer mantle
C) outer core D) crust
 
Answer & Explanation Answer: C) outer core

Explanation:

 The crust and the inner core are solid, whereas the outer core and inner mantle are liquid. The outer mantle is semi solid.

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Filed Under: General Science
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Q:

AC is converted into DC by a

A) Condenser B) Rectifier
C) Amplifier D) Filter
 
Answer & Explanation Answer: B) Rectifier

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Filed Under: Physics
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