Questions

Q:

Which among the following does not count in the development expenditure of government?

A) Expenditure on economic services B) Expenditure on social services
C) Grant to states D) Defence expenditure
 
Answer & Explanation Answer: D) Defence expenditure

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Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law B) Grimm's law
C) Gresham's law D) Keynes' law
 
Answer & Explanation Answer: C) Gresham's law

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Q:

For a certain shoe factory the fixed costs are Rs 200,000, selling price is Rs 2000 per pair of shoes and variable cost is Rs 1200 per pair, what is the breakeven quantity?

A) 100 B) 62.5
C) 167 D) 250
 
Answer & Explanation Answer: D) 250

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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:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI D) Deposit mobilisation
 
Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Indirect/Direct speech.
Sahil said to me, "Where will you go this holiday?"

A) Sahil asked me where I would go that holiday. B) Sahil asked me where I will go that holiday.
C) Sahil asked me where I will be going that holiday. D) Sahil asked me where I would gone that holiday.
 
Answer & Explanation Answer: A) Sahil asked me where I would go that holiday.

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Q:

Which kind of cell division is used to repair an injury by the body?

A) Mitosis only B) Meiosis only
C) Both Mitosis and Meiosis  D) Neither Mitosis nor Meiosis
 
Answer & Explanation Answer: A) Mitosis only

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Q:

Involuntary actions in human beings such as blood pressure, salivation and vomiting are controlled by the

A) Spinal cord B) Hypothalamus
C) Pons D) Medulla
 
Answer & Explanation Answer: D) Medulla

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