Questions

Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law B) Grimm's law
C) Gresham's law D) Keynes' law
 
Answer & Explanation Answer: C) Gresham's law

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Q:

Which Indian stock exchange is planning to launch its own Initial Public Offering (IPO)?

A) Saurashtra Kutch Stock Exchange (SKSE) B) National Stock Exchange (NSE)
C) Cochin Stock Exchange (CoSE) D) Bombay Stock Exchange (BSE)
 
Answer & Explanation Answer: B) National Stock Exchange (NSE)

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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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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:

On which river is the city Madurai situated?

A) Cooum B) Kaveri
C) Vaigai D) Pennar
 
Answer & Explanation Answer: C) Vaigai

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Q:

Thumba in Kerala is famous because ___.

A) it has several tea gardens B) it has backwaters and lagoons
C) it is a rocket launching station D) it has an ayurvedic centre
 
Answer & Explanation Answer: C) it is a rocket launching station

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Q:

Which of the following is NOT a noble gas?

A) Radon B) Krypton
C) Xenon D) Hydrogen
 
Answer & Explanation Answer: D) Hydrogen

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Q:

Which of the below options is called a laughing gas?

A) N2O B) CO2
C) H2O D) SO2
 
Answer & Explanation Answer: A) N2O

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