Questions

Q:

If demand curve for racing cycles is D = 59600 - 6P and supply curve is S = 29600 + 4P, find the equilibrium Quantity?

A) 118000 B) 300
C) 41600 D) 6000
 
Answer & Explanation Answer: C) 41600

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Q:

Time period of Annual Plans was ___________.

A) 1990-1992 B) 1987-1990
C) 1992-1994 D) No option is correct
 
Answer & Explanation Answer: A) 1990-1992

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Q:

Metal oxides which react with acids as well as bases are called

A) Amphoteric oxides B) Neutral oxides
C) Basic oxides D) Acidic oxides
 
Answer & Explanation Answer: A) Amphoteric oxides

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Q:

Where can you find the Kunchikal waterfalls?

A) Kerala B) Karnataka
C) Andhra Pradesh D) Telangana
 
Answer & Explanation Answer: B) Karnataka

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Q:

Which compound is formed when a Magnesium ribbon is burnt in air?

A) Magnesium Nitrate B) Magnesium Carbonate
C) Magnesium Oxide D) Magnesium Nitride
 
Answer & Explanation Answer: C) Magnesium Oxide

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Q:

Which of the following metals cannot be easily cut with a knife?

A) Sodium B) Aluminium
C) Lithium D) Potassium
 
Answer & Explanation Answer: B) Aluminium

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Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good B) Giffin good
C) Inferior good D) Normal good
 
Answer & Explanation Answer: A) Superior good

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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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