Questions

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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Q:

Which of the following solutions is the most acidic among them all?

A) Solution with pH value 0 B) Solution with pH value 6
C) Solution with pH value 1 D) Solution with pH value 7
 
Answer & Explanation Answer: A) Solution with pH value 0

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Q:

By how many atomic mass units do subsequent members of homologous series differ?

A) 26 B) 32
C) 20 D) 14
 
Answer & Explanation Answer: D) 14

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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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Q:

Which   one   of   the   following   is   not   a component  of  Revenue  Receipts  of  the Union Government?

A) Corporate tax receipts B) Dividends and profits
C) Disinvestment receipts D) Interest receipts
 
Answer & Explanation Answer: C) Disinvestment receipts

Explanation:

Revenue    receipts    are    regular source of Government of India, but Disinvestment   receipts   are   not regular    source    of    Income    of Government  and  all  other  given are regular

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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

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Q:

India has changed over to the decimal system of coinage in___________.

A) April, 1958 B) April, 1959
C) April, 1995 D) April, 1957
 
Answer & Explanation Answer: D) April, 1957

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

To spill the beans

 

A) To reveal secret information unintentionally B) To lose inherited wealth
C) To spread rumours to intentionally harm someone D) To spend away hard earned savings
 
Answer & Explanation Answer: A) To reveal secret information unintentionally

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