Questions

Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Filed Under: Indian Economy
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Q:

The fat digesting enzyme Lipase is secreted by which of the following

A) Kidneys B) Pancreas
C) Large Intestine D) Liver
 
Answer & Explanation Answer: B) Pancreas

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Filed Under: Biology
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Q:

Where in the human body can you find the islets of Langerhans?

A) Small intestine B) Pancreas
C) Stomach D) Heart
 
Answer & Explanation Answer: B) Pancreas

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Filed Under: Biology
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Q:

Isobars have _______.

A) Same mass numbers but different atomic numbers B) Different mass numbers but same atomic numbers
C) Same mass and atomic numbers D) Different mass and atomic numbers
 
Answer & Explanation Answer: A) Same mass numbers but different atomic numbers

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Filed Under: Chemistry
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Q:

Which of the following causes damage to bridges, iron railings and all objects made of metals?

A) Reduction B) Rancidity
C) Acidity D) Corrosion
 
Answer & Explanation Answer: D) Corrosion

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Filed Under: Chemistry
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Q:

The demand for a inferior good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Filed Under: Indian Economy
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Q:

On 10 April 2017, Lok Sabha passed Constitution (123rd Amendment) Bill, 2017. The Bill seeks to give Constitutional Status to ______

A) National Human Rights Commission B) National Commission on Backward Classes
C) National Finance Commission D) National Commission for Women
 
Answer & Explanation Answer: B) National Commission on Backward Classes

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Filed Under: Indian Politics
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Q:

Which  of  the  following  statements  about the  Trans-Pacific  Partnership  (TPP)  is  /are correct?

1.The  TPP  was  signed  by  12  Pacific  Rim nations in the year 2015.

2.The TPP is likely to be a game-changer in  global  trade  as  member  countries account  for  about  40  percent  of  global GDP.

3.India is a founder member of TPP.

Select  the  correct  answer  using  the  code given below.

A) 1, 2 and 3 B) 1 and 2 only
C) 2 and 3 only D) 1 only
 
Answer & Explanation Answer: B) 1 and 2 only

Explanation:

3  is  incorrect,  as  India  is  not  a member of TPP

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Filed Under: General Awareness
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