Questions

Q:

The term 'Macro Economics' was used by __________

A) J.M. Keynes B) Ragner Frisch
C) Ragner Nurkse D) Prof. Knight
 
Answer & Explanation Answer: B) Ragner Frisch

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Q:

HDI is an aggregate measure of progress in which of the three dimensions?

A) Health, Education, Income B) Food Security, Employment, Income
C) Agriculture, Industry, Services D) Height, Weight, Colour
 
Answer & Explanation Answer: A) Health, Education, Income

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Q:

The 14th Finance Commission has recommended increase in States share in net proceeds from tax collection from 32% to

A) 35% B) 40%
C) 42% D) 45%
 
Answer & Explanation Answer: C) 42%

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Q:

Which of the following metals is a liquid at room temperature?

A) Lithium B) Mercury
C) Sodium D) Calcium
 
Answer & Explanation Answer: C) Sodium

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Q:

Cholesterol is synthesized by the body mainly in the

A) small intestine B) liver
C) large intestine D) abdomen
 
Answer & Explanation Answer: B) liver

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Q:

Which component of the blood transports food, CO2 and nitrogenous waste?

A) WBCs B) Blood platelets
C) RBCs D) Plasma
 
Answer & Explanation Answer: D) Plasma

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Q:

Where do plants synthesize protein from?

A) Fatty Acids B) Sugar
C) Amino Acids D) Starch
 
Answer & Explanation Answer: C) Amino Acids

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Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores B) Rs 300 crores
C) Rs 60 crores D) Rs 250 crores
 
Answer & Explanation Answer: C) Rs 60 crores

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