Questions

Q:

Which is the first metallic element in the Modern Periodic Table?

A) Li B) Na
C) He D) H2
 
Answer & Explanation Answer: A) Li

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Books are our ______ friends. They are our guides. We can learn everything from them. The books contain all the great ______ of the world's leaders and we can learn them by reading the books. The books help us find ______ to our questions. The books never fail us. We should read as ______ books as we can. But all books are not good. So we should ______ only good books.

the great ______ of our world.

A) feel B) thoughts
C) idle D) money
 
Answer & Explanation Answer: B) thoughts

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Q:

Radish is an example of

A) bulb B) root
C) tuber D) fruit
 
Answer & Explanation Answer: B) root

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Q:

Which of the following is not correct with reference to Bio-sand Water Filter?

A) It deactivates or kills pathogens B) Sedimentation removes larger particles
C) Filtration removes smaller particles D) High quality water is always assured
 
Answer & Explanation Answer: D) High quality water is always assured

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Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

A) (a) Pure competition, (b) Pure Monopoly B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Oligopoly D) (a) Monopolistic competition, (b) Oligopoly
 
Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Oligopoly

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Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Q:

The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.

A) USA B) India
C) Soviet Union D) Japan
 
Answer & Explanation Answer: C) Soviet Union

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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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