Q:

Propyne and propene can be distinguished by

A) AgNO₃ in ammonia	B) conc. H₂SO₄
C) dil. KMnO₄	D) Br₂ in CCl₄

Answer & Explanation Answer: A) AgNO₃ in ammonia

Explanation:

Propene, being an alkene, and propyne, being a alkyne, are distinguished using the common chemical tests namely ammoniacal silver nitrate or ammoniacal cuprous chloride. Ammoniacal silver nitrate is also called as Tollen's reagent.

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Q:

__________ is defined as the output per unit of variable input

A) Marginal product	B) Production function
C) Total product	D) Average product

Answer & Explanation Answer: D) Average product

Explanation:

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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

Explanation:

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Q:

Which one of the following indices is now used by the Reserve Bank of India to measure the rate of inflation in India?

A) NASDAQ Index	B) BSE Index
C) Consumer Price Index	D) Wholesale Price Index

Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The Wholesale Price Index (WPI) was main index for measurement of inflation in India till April 2014 when RBI adopted new Consumer Price Index (CPI) as the key measure of inflation.

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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

Explanation:

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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

Explanation:

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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply	B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market	D) Raising and lowering the foreign exchange rate

Answer & Explanation Answer: A) Managing the economy by controlling the money supply

Explanation:

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case noimprovement is needed, select "no improvement".

Opening the door to her each morning is like (lets) a breath of fresh air into my world.

A) let	B) to let
C) letting	D) no improvement

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