Questions

Q:

The essential organs in a flower for reproduction are

A) the stamen and pistil B) the sepal and stamen
C) the sepal and petal D) the petal and pistil
 
Answer & Explanation Answer: A) the stamen and pistil

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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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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Q:

Stagflation exists when _____

A) price indices and output both decrease. B) price indices increase but output decreases.
C) price indices and output both increase. D) price indices decrease but output increases.
 
Answer & Explanation Answer: B) price indices increase but output decreases.

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

The audience are(A)/humbly requested to be(B)/seated in their seats.(C)/No error(D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: D) D

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Q:

The determinants of aggregate supply -

A) Capital stock B) Wages
C) Technology D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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Q:

Economic sanctions are mainly used to

A) to help international trade run smoothly. B) punish nations that disobey international law
C) to impose tariffs on vehicles at the border D) all the above
 
Answer & Explanation Answer: B) punish nations that disobey international law

Explanation:

A sanction is a punishment imposed on another nation, or on individual natives of another nation.


Economic sanctions are characterized as the withdrawal of standard exchange and money related relations for outside and security strategy purposes. They might be extensive, denying business movement as to a whole nation,...

 

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Q:

What are the organs similar in basic structure/shape, modified to perform different functions called?

A) Analogous organs B) Homologous organs
C) Heterogeneous organs D) Homogenous organs
 
Answer & Explanation Answer: B) Homologous organs

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