Questions

Q:

The Largest Component of National Income is

A) Proprietors Income B) Compensation of Employees
C) Corporate Profits D) Rental Income
 
Answer & Explanation Answer: B) Compensation of Employees

Explanation:

National Income is the total income value of the goods and services produced by the residents of a country, usually during the period of one year.

National Income is categorized into 6 components. They are :

1. Compensation of Employees (Wages and Benefits)
2. Corporate Profits
3. Rental Income
4. Proprietors Income (Income of unincorporated business)
5. Net Interest

The Largest Component of National Income is Compensation of Employees.

 

The Largest component of National Income in India is Service Sector.

 

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Filed Under: Indian Economy
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Q:

Order of basicity of amines in gaseous state?

A) 2'> 1'> 3' > NH3 B) 3' > 2' > 1'> NH3
C) 1' > 2' > 3'> NH3 D) 2'> 3'> 1' > NH3
 
Answer & Explanation Answer: B) 3' > 2' > 1'> NH3

Explanation:

The order of basicity in ammonia is different in gaseous phases vs. aqueous phases due to hydrogen bonding.

 

So in gaseous phases it's the well known: 3' > 2' > 1'> NH3. Just so we're on the same page, this is due to the inductive effect of electron donating alkyl groups--they destabilize the lone pair on nitrogen atom, making nitrogen more basic.

 

But in aqueous phase, the order is slightly different: 2'> 1'> 3' > NH3.

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Vitamins are

A) Macro Nutrients B) Micro nutrients
C) Essential Amino acids D) Non essential Amino acids
 
Answer & Explanation Answer: B) Micro nutrients

Explanation:
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Filed Under: Biology

29 7259
Q:

24 S in an IF?

Answer

24 S in an IF means 24 Spokes in an Indian Flag.

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Subject: Logic Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE
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12 7246
Q:

To buy goods on credit means to

A) promise to pay for goods later. B) pay only a discount price.
C) promise to pay only a sale price. D) pay cash for goods.
 
Answer & Explanation Answer: A) promise to pay for goods later.

Explanation:

If as a business, you buy goods or services on credit from a supplier (accounts payable) then the supplier will supply the goods and business will incur a liability to the supplier for that amount, but no cash will change hands at that stage.

Some of those shop keepers allowed regular "trustworthy" customers to purchase items without having the full payment.

Hence, Buying on credit means that no actual money has changed hands.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
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2 7245
Q:

Mango Cup is associated with which game?

A) Hockey B) Cricket
C) Foot ball D) Tennis
 
Answer & Explanation Answer: B) Cricket

Explanation:

Mango Cup is associated with Cricket game. The MANGO CUP is a Triangular Cricket limited overs tournament between the Manglorean CatholicAssociation of Sydney (MCAS), Australian Residents Anglo Indian Association (ARAIA) and GoanOverseas Association-NSW (GOA).

 

Hence, the tournament is named from both (Man) from Manglorean CatholicAssociation of Sydney and (go) from GoanOverseas Association-NSW.

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Filed Under: Sports
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20 7243
Q:

The slogan No taxation without representation was first raised during the American Revolution in

A) Boston Tea Party B) Massachussets Assembly
C) Philadelphia Congress D) None of these
 
Answer & Explanation Answer: B) Massachussets Assembly

Explanation:
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Filed Under: World History

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Q:

Who said " You give me blood, I will give you freedom "

A) Mahatma Gandhi B) Bal Gangadhar Tilak
C) Subhash Chandra Bose D) Bhagat singh
 
Answer & Explanation Answer: C) Subhash Chandra Bose

Explanation:
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Filed Under: Famous Personalities

4 7242