Questions

Q:

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

A) 8 percent B) 12.5 percent
C) 10 percent D) 15 percent
 
Answer & Explanation Answer: B) 12.5 percent

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Filed Under: Indian Economy
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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Q:

Time period of Annual Plans was ___________.

A) 1990-1992 B) 1987-1990
C) 1992-1994 D) No option is correct
 
Answer & Explanation Answer: A) 1990-1992

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Q:

Which of the following increase the risk of developing osteoporosis?

A) excessive alcohol B) female gender
C) low estrogen levels D) all the above
 
Answer & Explanation Answer: D) all the above

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Filed Under: Biology
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Q:

Which of the following metals displaces Iron from Iron Chloride?

A) Lead B) Zinc
C) Tin D) Silver
 
Answer & Explanation Answer: B) Zinc

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Filed Under: Chemistry
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Q:

In which city is the newly proposed AIIMS to be setup in Maharashtra?

A) Nagpur B) Mumbai
C) Aurangabad D) Pune
 
Answer & Explanation Answer: A) Nagpur

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Filed Under: Indian Geography
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Q:

Which of the following gases is liberated when Sodium Hydrogen Carbonate is heated?

A) Carbon Monoxide B) Carbon Dioxide
C) Oxygen D) Hydrogen
 
Answer & Explanation Answer: B) Carbon Dioxide

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Q:

In India all of the following are sources for government revenue, except?

A) Agricultural income tax B) Anti dumping duty
C) Perquisite tax D) Toll tax
 
Answer & Explanation Answer: A) Agricultural income tax

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