Q:

In economic equilibrium _____

A) supply is equal to the demand.	B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply	D) price elasticity of demand is unity

Answer & Explanation Answer: A) supply is equal to the demand.

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Q:

Which of the following solutions is the most acidic among them all?

A) Solution with pH value 0	B) Solution with pH value 6
C) Solution with pH value 1	D) Solution with pH value 7

Answer & Explanation Answer: A) Solution with pH value 0

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Q:

By how many atomic mass units do subsequent members of homologous series differ?

A) 26	B) 32
C) 20	D) 14

Answer & Explanation Answer: D) 14

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Q:

How many litres of blood does an adult body have?

A) 3	B) 4
C) 5	D) 6

Answer & Explanation Answer: C) 5

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Q:

Which one of the following is not a component of Revenue Receipts of the Union Government?

A) Corporate tax receipts	B) Dividends and profits
C) Disinvestment receipts	D) Interest receipts

Answer & Explanation Answer: C) Disinvestment receipts

Explanation:

Revenue receipts are regular source of Government of India, but Disinvestment receipts are not regular source of Income of Government and all other given are regular

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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000	B) Rs 2000
C) Rs 1000	D) Rs 7000

Answer & Explanation Answer: A) Rs 3000

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Q:

India has changed over to the decimal system of coinage in___________.

A) April, 1958	B) April, 1959
C) April, 1995	D) April, 1957

Answer & Explanation Answer: D) April, 1957

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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 express the same sentence in Indirect/Direct speech.

Kabir said to me, "I was waiting for you for a long time."

A) Kabir told me that he had been waiting for me for a long time.	B) Kabir had told that me had been waiting for me for a long time.
C) Kabir told me he had been waiting for me for a long time.	D) Kabir told that me he was waiting for me for a long time.

Answer & Explanation Answer: A) Kabir told me that he had been waiting for me for a long time.

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