Questions

Q:

For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .

A) Capital Market B) Money Market
C) Bullion Market D) wholesale cash market
 
Answer & Explanation Answer: C) Bullion Market

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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the average revenue is zero.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: A) Perfect Competition

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Q:

Economic reasoning is based on the premise that

A) only economic decisions or actions have a cost associated with them B) all decisions and actions have a cost associated with them
C) all decisions or actions are costless because costs shared among decision-makers D) only decisions or actions that involve money have a cost associated with them
 
Answer & Explanation Answer: B) all decisions and actions have a cost associated with them

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Q:

What is the pH value of human blood?

A) 8.3 B) 6.8
C) 7.4 D) 6
 
Answer & Explanation Answer: C) 7.4

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Q:

CuO + H2 ---> Cu + H2O. This equation is an example of

A) Oxidation B) Decomposition
C) Reduction D) Redox
 
Answer & Explanation Answer: D) Redox

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Q:

How many groups and periods are present in the Modern Periodic Table?

A) 9 groups, 9 periods B) 7 groups, 8 periods
C) 18 groups, 7 periods D) 8 groups, 7 periods
 
Answer & Explanation Answer: C) 18 groups, 7 periods

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Q:

The Indira Point, the southern point of India, is situated in the ___ tip of Great Nicobar Island.

A) eastern B) western
C) northern D) southern
 
Answer & Explanation Answer: D) southern

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