Q:

Which of the following sets of taxes belongs to Central Government?

A) Excise duty, Sales tax and Custom duty	B) Income tax, Custom duty and House tax
C) Excise duty, Custom duty and Income tax	D) Custom duty, Entertainment tax and Income tax

Answer & Explanation Answer: C) Excise duty, Custom duty and Income tax

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Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic	B) indifferent
C) market demand	D) diminishing

Answer & Explanation Answer: C) market demand

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Q:

The skin, the lining of the mouth, the lining of the blood vessels, lung alveoli and kidney tubules are all made of which type of tissue?

A) Epithelial tissue	B) Connective tissue
C) Muscular tissue	D) Nervous tissue

Answer & Explanation Answer: A) Epithelial tissue

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Q:

Which is the only organ in the human boddy that can regrow/regenerate?

A) Pancreas	B) Spleen
C) Brain	D) Liver

Answer & Explanation Answer: D) Liver

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Q:

What is the heat generated (in J) in a heating element of resistance 800 Ω when a current of 0.2 A passes through it for 40 seconds?

A) 6400	B) 1280
C) 640	D) 3200

Answer & Explanation Answer: B) 1280

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Filed Under: Physics
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Q:

What is the principal focus of a spherical mirror?

A) It is a point from which the rays of light appear to be coming from on the principal axis of a convex mirror	B) It is the point on the principal axis through which rays of light parallel to the principal axis pass after reflection or appear to be arising from this point on the principal axis
C) It is the centre of a hollow sphere of which the spherical mirror is a part	D) It is the midpoint of a spherical mirror

Answer & Explanation Answer: B) It is the point on the principal axis through which rays of light parallel to the principal axis pass after reflection or appear to be arising from this point on the principal axis

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Q:

Inflation exists when

A) there is general increase in the prices over time.	B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time.	D) there is rise in the purchasing value of money.

Answer & Explanation Answer: A) there is general increase in the prices over time.

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Q:

Earnings per share are calculated by dividing

A) (net income less preferred stock dividends) by average common shares outstanding.	B) gross profit by average common shares outstanding.
C) net sales by average common shares outstanding.	D) net income by average common shares outstanding.

Answer & Explanation Answer: A) (net income less preferred stock dividends) by average common shares outstanding.

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