Questions

Q:

Lorenz curve shows

A) Inflation B) Unemployment
C) Income distribution D) Poverty
 
Answer & Explanation Answer: C) Income distribution

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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50% B) 8%
C) 10% D) 15%
 
Answer & Explanation Answer: A) 12.50%

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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:

India shares water border with ___ countries.

A) Three B) Four
C) Five D) Seven
 
Answer & Explanation Answer: D) Seven

Explanation:

India's maritime boundaries are shared with seven countries — Pakistan, Maldives, Sri Lanka, Indonesia, Thailand, Myanmar and Bangladesh.

 

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Q:

15% of an alloy was silver. If in a quantity of alloy there was 51 g of silver, what was the quantity of the other elements in the alloy?

A) 204 g B) 340 g
C) 300 g D) 289 g
 
Answer & Explanation Answer: D) 289 g

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Q:

Common salt (NaCl) is made up of

A) a weak acid and a weak base B) a strong acid and a weak base
C) a weak acid and a strong base D) a strong acid and a strong base
 
Answer & Explanation Answer: D) a strong acid and a strong base

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

on this earth. Everyman tends to define a happy life in a _____ individualistic fashion.

A) distinctly B) identically
C) similar D) serious
 
Answer & Explanation Answer: A) distinctly

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Q:

The pH of a solution, whose hydrogen ion concentration is 1 x 10 mole per litre, will be ____.

A) 7 B) 5
C) 4 D) 6
 
Answer & Explanation Answer: B) 5

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