Questions

Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The generation gap is another of those characteristic features that set Homo sapiens apart from other animals. It is ______ if ever the most intelligent of apes ever blamed its juniors for their ______ ways! Over the years people have tried to analyse it, explain it, understand it, even ignore it, but it remains, ready to ______ each generation as it tries to ______ its own ______ about life and living.

It is ______ if ever the most intelligent

A) doubtful B) certain
C) sure D) classified
 
Answer & Explanation Answer: A) doubtful

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

Which of the following sets of taxes belongs to Central Government?

A) Excise duty, Sales tax and Custom duty B) Income tax, Custom duty and House tax
C) Excise duty, Custom duty and Income tax D) Custom duty, Entertainment tax and Income tax
 
Answer & Explanation Answer: C) Excise duty, Custom duty and Income tax

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Q:

Bilateral monopoly situation is

A) when there are only two sellers of a product B) when there are only two buyers of a product
C) when there is only one buyer and one seller of a product D) when there are two buyers and two sellers of a product
 
Answer & Explanation Answer: C) when there is only one buyer and one seller of a product

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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:

The famous Golconda Fort is situated in the state of

A) Madhya Pradesh B) Telangana
C) Karnataka D) Bihar
 
Answer & Explanation Answer: B) Telangana

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Q:

How many bones does a human baby have?

A) 206 B) 234
C) 270 D) 354
 
Answer & Explanation Answer: C) 270

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Filed Under: Biology
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Q:

Boiling point of water is ___.

A) 210 deg F B) 212 deg F
C) 214 deg F D) 208 deg F
 
Answer & Explanation Answer: B) 212 deg F

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