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Q:

One of four words is a class to which the other three belong. Identify the class.

A) Coal B) Lignite
C) Anthracite D) Peat
 
Answer & Explanation Answer: A) Coal

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Filed Under: General Science
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Q:

Which is the only organ in the human boddy that can regrow/regenerate?

A) Pancreas B) Spleen
C) Brain D) Liver
 
Answer & Explanation Answer: D) Liver

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Filed Under: Biology
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Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units B) 4500 units
C) 10500 units D) 6000 units
 
Answer & Explanation Answer: D) 6000 units

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Filed Under: Indian Economy
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Q:

Which of the following statements is wrong with regard to strong acids?

A) Strong acids react very rapidly with other substances (such as metal carbonates and metal hydrogen carbonates) B) Hydrochloric acid, Sulphuric acid and Nitric acid are strong acids
C) Acids are those chemical substances that have a salty taste D) All minerals acids are strong acids
 
Answer & Explanation Answer: C) Acids are those chemical substances that have a salty taste

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Filed Under: Chemistry
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Q:

Which of the following is the main thinking part of the human brain?

A) Hind-brain B) Cerebellum
C) Mid-brain D) Fore-brain
 
Answer & Explanation Answer: D) Fore-brain

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Filed Under: Biology
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Q:

How many litres of blood does an adult body have?

A) 3 B) 4
C) 5 D) 6
 
Answer & Explanation Answer: C) 5

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Filed Under: Biology
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Q:

Goods  and  Services  Tax  likely  to  be  levied in India is not a

A) gross value tax B) value-added tax
C) consumption tax D) destination-based tax
 
Answer & Explanation Answer: A) gross value tax

Explanation:

GST  is  a  destination-based  tax,  it means   end   users   consuming   any goods or services is liable to pay the Goods  and  Services  Tax.  The  tax  is collected  by  the  State  in  which  the goods or services are consumed and not  by  the  state  in  which  goods  are manufactured    and    If    there    are exports,  the  seller  of  the  goods  or services  is  exempted  from  paying the tax. GST is a consumption-based tax,  it  means  the  state  where  the goods  were  consumed  will  receive GST   and   where   goods   were   sold should  not  get  any  taxes.GST  is  a value added tax as it is based on the increase  in  value  of  a  product  or service  at  each  stage  of  production or   distribution.GST   is   not   gross value tax.

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Filed Under: Indian Economy
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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Filed Under: Indian Economy
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