Questions

Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Filed Under: Indian Economy
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Q:

In animals like Annelids, Molluscs, organs have associated to form functional systems, each system concerned with a specific physiological function. This pattern is called ________ system level of organization.

A) organ B) open
C) closed D) coelom
 
Answer & Explanation Answer: A) organ

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Filed Under: Biology
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Q:

Which is the CORRECT pair of inherited chromosomes for the child to be a girl?

A) X from father and Y from mother B) Y from father and X from mother
C) Y from father and Y from mother D) X from father and X from mother
 
Answer & Explanation Answer: D) X from father and X from mother

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Filed Under: Biology
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Q:

What is the chemical formula of Ozone?

A) O B) O2
C) O3 D) O4
 
Answer & Explanation Answer: C) O3

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Filed Under: Chemistry
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Q:

 Government has announced to fix MSP at a level of at least ________________ per cent of the cost of production for kharif crops 2018-19 which redeems the promise made in the Union Budget for 2018-19. 

A) 50 per cent  B) 250 per cent 
C) 200 per cent  D) 100 per cent 
 
Answer & Explanation Answer:

Explanation:

Government has announced its historic decision on 04.07.2018 to fix MSP at a level of at least 150 per cent of the cost of production for kharif crops 2018-19 which redeems the promise made in the Union Budget for 2018-19.The MSPs fixed by Government, cost and returns over all-India weighted average cost of production of crops for 2017-18 and 2018-19 is at Annexure.Cost of production varies in different states on account of difference in levels of irrigation, resource endowment, farm mechanization, land holding size, yield of crops etc. 

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Q:

 The difference between exports and imports is called-? 

A) assets and liabilities  B) balance of payment 
C) GDP  D) balance of trade 
 
Answer & Explanation Answer: D) balance of trade 

Explanation:

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

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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 of the following has open vascular system?

A) Cockroach B) Human
C) Rat D) Birds
 
Answer & Explanation Answer: A) Cockroach

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Filed Under: Biology
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