Questions

Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

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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:

When the human body temperature falls by about 2 - 3.5 F below the normal body temperature, the condition is known as

A) Fever B) Hypothermia
C) Hyperthermia D) Hyperpyrexia
 
Answer & Explanation Answer: B) Hypothermia

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Filed Under: Biology
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Q:

A fungal cell wall is made of :

A) lignin B) hemi-cellulose
C) chitin D) cellulose
 
Answer & Explanation Answer: C) chitin

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Filed Under: Biology
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Q:

Which organ is not a gland?

A) Adrenal B) Liver
C) Pituitary D) Gall bladder
 
Answer & Explanation Answer: D) Gall bladder

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Filed Under: Biology
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Q:

Which among the following cannot be included among greenhouse gases?

A) Nitrous Oxide B) Carbon Dioxide
C) Methane D) Phosphine
 
Answer & Explanation Answer: D) Phosphine

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Filed Under: Chemistry
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Q:

The demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient D) indicates that there is a direct relationship between quantity demanded and price
 
Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

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Q:

A growing country is one with ___________ there.

A) rising GNP at constant prices B) rising GNP at current prices
C) constant GNP at constant prices D) No option is correct
 
Answer & Explanation Answer: A) rising GNP at constant prices

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