Questions

Q:

Which of the following Country doesn't have a written Constitution?

A) United Kingdom B) Australia
C) United States of America D) Bangladesh
 
Answer & Explanation Answer: A) United Kingdom

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Q:

Atomic numbers of four elements are as follows : F(9), P(15), Cl(17), Ar(18). Which of the following two elements would be chemically similar?

A) F and Ar B) Cl and P
C) F and P D) F and Cl
 
Answer & Explanation Answer: D) F and Cl

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Q:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI D) Deposit mobilisation
 
Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

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Filed Under: Indian Economy

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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:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Filed Under: Indian Economy
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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2 B) 1.2
C) -1.5 D) 1.5
 
Answer & Explanation Answer: A) -1.2

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Q:

Liabilities are generally classified on a balance sheet as

A) small liabilities and large liabilities B) present liabilities and future liabilities
C) tangible liabilities and intagible liabilities D) current liabilities and long-term liabilities
 
Answer & Explanation Answer: D) current liabilities and long-term liabilities

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Q:

What is the action of dry HCl gas on dry litmus paper?

A) Blue litmus paper turns white B) Blue or red litmus paper does not change its colour
C) Blue litmus paper turns red D) Red litmus paper turns blue
 
Answer & Explanation Answer: B) Blue or red litmus paper does not change its colour

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Filed Under: Chemistry
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