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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45 B) 0.55
C) 2 D)  1.25
 
Answer & Explanation Answer: B) 0.55

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Q:

Which aircraft carrier was formally inducted into the Indian Navy by Prime Minister Narendra Modi in the year 2014?

A) INS Vikrant B) INS Vikramaditya
C) INS Viraat D) INS Chakra
 
Answer & Explanation Answer: B) INS Vikramaditya

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Q:

The forces between two bodies are always equal and opposite. This idea is stated in the form of Newton's

A) first and second law of motion B) first law of motion
C) third law of motion D) second law of motion
 
Answer & Explanation Answer: C) third law of motion

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Q:

What is the Centre of Curvature of a spherical mirror?

A) It is the centre of a hollow sphere of which the spherical mirror is a part B) It is the midpoint of a spherical mirror
C) It is the point on the principal axis through which rays of light parallel to the principal axis pass after reflection D) It is a point from which the rays of light appear to be coming from on the principal axis of a convex mirror
 
Answer & Explanation Answer: A) It is the centre of a hollow sphere of which the spherical mirror is a part

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Q:

In which city is St. Peter's Basilica, one of the most famous churches in Christianity, located?

A) Madrid B) Lisbon
C) Pisa D) Vatican
 
Answer & Explanation Answer: A) Madrid

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Q:

Recession is ___________.

A) reduction in production and employment for want of sufficient demand for goods B) rise in the cost of production, especially because of wage increase
C) increase in money supply without a matching increase in production D) No option is correct
 
Answer & Explanation Answer: A) reduction in production and employment for want of sufficient demand for goods

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Q:

Which of the following is a feature of aerobic metabolism?

A) energy is produced more slowly than in anaerobic metabolism B) energy is observed more slowly than in anaerobic metabolism
C) energy is produced more fastly than in anaerobic metabolism D) energy is observed more fastly than in anaerobic metabolism
 
Answer & Explanation Answer: A) energy is produced more slowly than in anaerobic metabolism

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Q:

Monetary policy refers to the actions the Federal Reserve takes to manage

A) income tax rates and interest rates to pursue its economic objectives. B) government spending and income tax rates to pursue its economic objectives.
C) the money supply and income tax rates to pursue its economic objectives. D) the money supply and interest rates to pursue its economic objectives.
 
Answer & Explanation Answer: D) the money supply and interest rates to pursue its economic objectives.

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