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Q:

In economic equilibrium _____

A) supply is equal to the demand. B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply D) price elasticity of demand is unity
 
Answer & Explanation Answer: A) supply is equal to the demand.

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Filed Under: Indian Economy
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Q:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.  B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions. D) the extent to which a market is competitive. 
 
Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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Q:

What are the receptors for detecting taste called?

A) Sensory receptors B) Chemical receptors
C) Olfactory receptors D) Gustatory receptors
 
Answer & Explanation Answer: D) Gustatory receptors

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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:

Kind of cell that does not have a nucleus

A) Eukaryotes B) Prokaryotes
C) Erthrocytes D) Platelets
 
Answer & Explanation Answer: B) Prokaryotes

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Filed Under: Biology
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Q:

Which of the following is a good source of Vitamin A?

A) Cabbage B) Carrot
C) Regular Potato D) Strawberry
 
Answer & Explanation Answer: B) Carrot

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Filed Under: Biology
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Q:

In which of the following market forms, a firm does not exercise control over price?

A) Monopoly B) Perfect competition
C) Oligopoly D) Monopolistic competition
 
Answer & Explanation Answer: B) Perfect competition

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Q:

Victoria Memorial in Kolkata was proposed to be built by

A) Lord Canning B) George Curzon
C) William Hastings D) Lord William Bentinck
 
Answer & Explanation Answer: B) George Curzon

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Filed Under: Indian History
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