Questions

Q:

When there is only one buyer and one seller of product, it is called _____ situation.

A) Public monopoly B) Bilateral monopoly
C) Franchised monopoly D) Monopsony
 
Answer & Explanation Answer: B) Bilateral monopoly

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Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores B) Rs 300 crores
C) Rs 60 crores D) Rs 250 crores
 
Answer & Explanation Answer: C) Rs 60 crores

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Q:

What is regulated by the sphincter muscle in the stomach?

A) Exit of the food from the stomach   B) Entry of food in the stomach  
C) Mixing of food in the stomach   D) Exit of food from the large intestine
 
Answer & Explanation Answer: A) Exit of the food from the stomach  

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Filed Under: Biology
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Q:

The most active phagocytic cells among the leukocytes are

A) neutrophils and monocytes B) monocytes and lymphocytes
C) basophils and eosinophils D) lymphocytes and neutrophils
 
Answer & Explanation Answer: A) neutrophils and monocytes

Explanation:

The most active phagocytic cells among the leukocytes (White Blood Cells) are neutrophils and monocytes.

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Q:

The GST (Goods and Services Tax), recently passed by Government will be levied on which of the following products?

A) Petroleum Crude B) Tobacco
C) Natural Gas D) Aviation Turbine Fuel
 
Answer & Explanation Answer: B) Tobacco

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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax B) Indirect tax
C) Straight tax D) Advance tax
 
Answer & Explanation Answer: A) Direct tax

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Q:

The SLR is determined by the RBI. SLR stands for

A) States Leverage Return B) Savings Lease Rate
C) Statutory Liquidity Ratio D) Safe Legal Range
 
Answer & Explanation Answer: C) Statutory Liquidity Ratio

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Q:

Which of the following CANNOT be called a Debt instrument as referred in financial transactions?

A) Certificate of Deposits B) Bonds
C) Stocks D) Commercial Papers
 
Answer & Explanation Answer: C) Stocks

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