Questions

Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

Which of the following sets of taxes belongs to Central Government?

A) Excise duty, Sales tax and Custom duty B) Income tax, Custom duty and House tax
C) Excise duty, Custom duty and Income tax D) Custom duty, Entertainment tax and Income tax
 
Answer & Explanation Answer: C) Excise duty, Custom duty and Income tax

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Q:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.  B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions. D) the extent to which a market is competitive. 
 
Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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Q:

How many bones does a human baby have?

A) 206 B) 234
C) 270 D) 354
 
Answer & Explanation Answer: C) 270

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Filed Under: Biology
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Q:

Retinol is mainly related to ___.

A) Vitamin A B) Vitamin B
C) Vitamin D D) Vitamin E
 
Answer & Explanation Answer: A) Vitamin A

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Filed Under: Biology
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Q:

___ is not a chemical change.

A) Cooking an egg B) Melting an ice cube
C) Baking a cake D) Rotting Bananas
 
Answer & Explanation Answer: B) Melting an ice cube

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Filed Under: Chemistry
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Q:

In the following question, sentence given with blank is to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Either you're a mind reader or it's a __________________ that you called me just as I was keying your phone number.

A) coincidence B) correlation
C) union D) happening
 
Answer & Explanation Answer: A) coincidence

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Q:

In the following question, sentence given with blank to be filled in with an appropriate word(s). Four alternatives are suggested for the question. Choose the correct alternative out of the four and indicate it by selecting the appropriate option.

 

The king was _______ while he was addressing his subjects.

A) murdered B) executed
C) assassinated D) exterminated
 
Answer & Explanation Answer: C) assassinated

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