Questions

Q:

X leaves his house facing west, drives 100 km, then turns right and drives 100 km. He then turns left and drives 50 km. In which direction is X facing in relation to his starting point?

A) North east B) South west
C) South east D) North west
 
Answer & Explanation Answer: D) North west

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Q:

Which drug is used for Pain Relief?

A) Risedronate B) Tramadol
C) Folic Acid D) Bupropion
 
Answer & Explanation Answer: B) Tramadol

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Q:

Which of the following gases are responsible for the greenhouse gas effect on Earth?

A) Water Vapour and Carbon dioxide B) Carbon dioxide and Nitrogen
C) Oxygen and Methane D) Ozone and Methane
 
Answer & Explanation Answer: A) Water Vapour and Carbon dioxide

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Q:

Which of the following is not true regard to Goods and Services Tax (GST) ?

A) It will replace luxury tax B) It is a direct tax
C) It will replace multiple taxes on a product or service D) It is an indirect tax
 
Answer & Explanation Answer: B) It is a direct tax

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Q:

Goods which are consumed together are called?

A) Inferior goods B) Normal goods
C) Complementary goods D) Substitute goods
 
Answer & Explanation Answer: C) Complementary goods

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Q:

The short run average cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Q:

In 2015, the real rate of interest in a country was 6% and the inflation rate then was 3%. So the nominal rate of interest in 2015 was

A) 3% B) 6%
C) 9% D) 12%
 
Answer & Explanation Answer: C) 9%

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Q:

Which of the following CANNOT be called a Debt instrument as referred in financial transactions?

A) Certificate of Deposits B) Bonds
C) Stocks D) Commercial Papers
 
Answer & Explanation Answer: C) Stocks

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