Questions

Q:

The goods which people consume more, when their price rises are called _______.

A) Essential goods B) Capital goods
C) Veblen goods D) Giffen goods
 
Answer & Explanation Answer: D) Giffen goods

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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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Filed Under: Indian Economy
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Q:

What situation would result if Government expenditure exceeds the Government revenue on Current Account?

A) Deficit budgeting B) Zero­based budgeting
C) Performance­based budgeting D) Surplus budgeting
 
Answer & Explanation Answer: A) Deficit budgeting

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Q:

If demand curve for racing cycles is D = 80200 ­ 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units B) 31220 units
C) 8750 units D) 41720 units
 
Answer & Explanation Answer: D) 41720 units

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Q:

Name the respiratory organs of insects

A) Skin B) Body Surface
C) Gills D) Tracheae
 
Answer & Explanation Answer: D) Tracheae

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Filed Under: Biology
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Q:

What is the full form of PVC?

A) Phosphonil vinyl Carbonate B) Polyvinyl S Carbonate
C) Polyvinyl Carbonate D) Polyvinyl Chloride
 
Answer & Explanation Answer: D) Polyvinyl Chloride

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Filed Under: Chemistry
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Q:

Which of the following gases is liberated when Sodium Hydrogen Carbonate is heated?

A) Carbon Monoxide B) Carbon Dioxide
C) Oxygen D) Hydrogen
 
Answer & Explanation Answer: B) Carbon Dioxide

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Filed Under: Chemistry
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Q:

What is the name of the acid in an ant's sting?

A) Acetic acid B) Citric acid
C) Formic acid D) Lactic acid
 
Answer & Explanation Answer: C) Formic acid

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Filed Under: General Science
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