Questions

Q:

Lorenz curve shows

A) Inflation B) Unemployment
C) Income distribution D) Poverty
 
Answer & Explanation Answer: C) Income distribution

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Q:

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

A) Supply B) Demand
C) Price D) Stock Market
 
Answer & Explanation Answer: C) Price

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Q:

The pH of a solution, whose hydrogen ion concentration is 1 x 10 mole per litre, will be ____.

A) 7 B) 5
C) 4 D) 6
 
Answer & Explanation Answer: B) 5

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Q:

Which of the following is a CORRECT statement?

A) Only compounds are pure substance B) Compounds are impure substance
C) Only elements are pure substance D) Both compounds and elements are pure substance
 
Answer & Explanation Answer: D) Both compounds and elements are pure substance

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Q:

Which of the following is called Aurum?

A) Bronze B) Gold
C) Silver D) Copper
 
Answer & Explanation Answer: B) Gold

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Q:

Anaerobic respiration refers to which of the following?

A) Respiration without Oxygen B) Respiration with Oxygen
C) Respiration without CO2 D) Respiration with CO2
 
Answer & Explanation Answer: A) Respiration without Oxygen

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Q:

Pancreatic juice require which medium for their action?

A) Acidic B) Basic
C) Neutral D) All option are correct
 
Answer & Explanation Answer: B) Basic

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