Questions

Q:

Which of following is true if the Government monetized part of its deficit?

A) Money supply in the economy will increase. B) Interest rate will increase.
C) Government revenue will decrease. D) Government expenditure will increase.
 
Answer & Explanation Answer: A) Money supply in the economy will increase.

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Q:

If demand curve for an electric tooth brush is D = 25000 -­ 7P and supply curve is S = 10000 + 8P, find the equilibrium Price?

A) Rs 150 B) Rs 1000
C) Rs 400 D) Rs 50
 
Answer & Explanation Answer: B) Rs 1000

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Q:

If the electronic configuration of elements A and B are 1S2, 2S2 2P6, 3S1 and 1S2, 2S2 2P6, 3S2 3P4 respectively, then the formula of the compound formed by the combination of these elements will be:

 

A) AB3 B) AB2
C) A2B D) AB
 
Answer & Explanation Answer: C) A2B

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Q:

Lutheranism is an example of a christian

A) branch. B) sect.
C) denomination. D) religion.
 
Answer & Explanation Answer: C) denomination.

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Q:

Cholesterol is synthesized by the body mainly in the

A) small intestine B) liver
C) large intestine D) abdomen
 
Answer & Explanation Answer: B) liver

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Q:

In ____________, the short run equilibrium results in quantity produced being lesser and prices being higher compared to perfect competition.

A) Monopsony B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: D) Monopolistic Competition

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Q:

The demand for a inferior good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Q:

In which of the following market forms, a firm does not exercise control over price?

A) Monopoly B) Perfect competition
C) Oligopoly D) Monopolistic competition
 
Answer & Explanation Answer: B) Perfect competition

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