Questions

Q:

Which of the following is NOT included in general methodology while assessing the national income?

A) Pension B) Investment Expenditure
C) Value added D) Consumption Expenditure
 
Answer & Explanation Answer: A) Pension

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Q:

The consumption schedule is such that

A) the MPC and the APC must be equal at all levels of income. B) the APC is constant and the MPC declines as income rises.
C) both the APC and the MPC increase as income rises. D) the MPC is constant and the APC declines as income rises.
 
Answer & Explanation Answer: D) the MPC is constant and the APC declines as income rises.

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Q:

_____ is the cell organelle, in which the biochemical processes of respiration and energy production occur.

A) Mitochondria B) Chloroplast
C) Ribosomes D) Nucleus
 
Answer & Explanation Answer: A) Mitochondria

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Q:

Which of the following represents the pair of sex chromosomes in women?

A) XY B) XX
C) YY D) None of these
 
Answer & Explanation Answer: B) XX

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Q:

Which of the following is a nitrogen-fixing bacteria?

A) Salmonella B) Rhizobium
C) E.coli D) Pseudomonas
 
Answer & Explanation Answer: B) Rhizobium

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Q:

If cash reserve ratio decreases, credit creation will _______.

A) increase B) decrease
C) does not change D) first decreases than increases
 
Answer & Explanation Answer: A) increase

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Q:

For a price taking firm, average revenue is ______ market price.

A) half of B) equal to
C) double of D) less than
 
Answer & Explanation Answer: B) equal to

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Q:

In which month does the Earth's Perihelion position occur?

A) June B) January
C) September D) March
 
Answer & Explanation Answer: B) January

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