Q:

Which of the following gases are responsible for the greenhouse gas effect on Earth?

A) Water Vapour and Carbon dioxide	B) Carbon dioxide and Nitrogen
C) Oxygen and Methane	D) Ozone and Methane

Answer & Explanation Answer: A) Water Vapour and Carbon dioxide

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Q:

Goods whose demand is proportional to price are called

A) inferior goods	B) Veblen goods
C) normal goods	D) exclusive goods

Answer & Explanation Answer: B) Veblen goods

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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:

Stagflation is defined as

A) low inflation, low growth, low unemployment	B) high inflation, low growth, high unemployment
C) high inflation, high growth, high unemployment	D) low inflation, high growth, low unemployment

Answer & Explanation Answer: B) high inflation, low growth, high unemployment

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Q:

In the following question, out of the four alternatives, select the word opposite in meaning to the word given.
Opprobrium

A) Adulation	B) Ignominy
C) Mystical	D) Preclude

Answer & Explanation Answer: A) Adulation

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Q:

Chemical properties of isotopes .............

A) must be same	B) must be different
C) need not be same	D) need not be different

Answer & Explanation Answer: A) must be same

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Q:

_____ is produced from incomplete burning of fuels such as petrol and diesel.

A) Carbon dioxide	B) Carbon monoxide
C) Nitric oxide	D) Nitrogen dioxide

Answer & Explanation Answer: B) Carbon monoxide

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Q:

Which of the following is an unsaturated Hydrocarbon?

A) Butane	B) Pentane
C) Ethyne	D) Propane

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