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Q:

If demand curve for renting a car is D = 90000 -­ 23P and supply curve is S = 9000 + 7P, find the equilibrium Price?

A) Rs 1800 B) Rs 900
C) Rs 3600 D) Rs 2700
 
Answer & Explanation Answer: D) Rs 2700

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Q:

What happens when one S and one P orbital is hybridized?

A) We get three orbitals in a plane B) We get two orbitals at 180 degrees
C) We get two mutually perpendicular orbitals D) We get four orbitals directed tetrahedrally
 
Answer & Explanation Answer: B) We get two orbitals at 180 degrees

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Q:

Ammonium nitrate, on thermal decomposition, produces :

A) NH3 and NO2 B) NH3 and NO
C) N2 and H2O D) N2O and H2O
 
Answer & Explanation Answer: D) N2O and H2O

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Q:

Two or more elements combine to form a

A) atom B) valency
C) compound D) radical
 
Answer & Explanation Answer: C) compound

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Q:

Which of the following elements was the last element in Newland's Law of Octaves?

A) Thorium B) Hydrogen
C) Rubidium D) Bromine
 
Answer & Explanation Answer: A) Thorium

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Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases. B) buy more of a good as the price of the good falls.
C) will spend all of their money on something. D) want more of everything even if they have no money to buy anything.
 
Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

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Q:

The goods which people consume more, when their price rises are called _______.

A) Essential goods B) Capital goods
C) Veblen goods D) Giffen goods
 
Answer & Explanation Answer: D) Giffen goods

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Q:

The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.

A) USA B) India
C) Soviet Union D) Japan
 
Answer & Explanation Answer: C) Soviet Union

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