Questions

Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production D) the market value of the annual output net of consumption of fixed capital
 
Answer & Explanation Answer: A) income received by households less personal taxes

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Q:

Which Indian stock exchange is planning to launch its own Initial Public Offering (IPO)?

A) Saurashtra Kutch Stock Exchange (SKSE) B) National Stock Exchange (NSE)
C) Cochin Stock Exchange (CoSE) D) Bombay Stock Exchange (BSE)
 
Answer & Explanation Answer: B) National Stock Exchange (NSE)

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Q:

7 workers work in a printing press. Each gets paid Rs 450 per day. The 8th worker demands Rs 500 per day. If this worker is hired then all other workers must be paid Rs 500. The marginal resource (labour) cost of the 8th worker is _______.

A) Rs 50 B) Rs 850
C) Rs 400 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Q:

At the equilibrium price

A) quantity demanded is equal to quantity supplied B) quantity demanded is greater than quantity supplied
C) price elasticity of demand is unity D) elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: A) quantity demanded is equal to quantity supplied

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Q:

Calculate a country's GDP if for the year, consumer spending is $900 million, government spending is $250 million, investment by businesses is $180 million, exports are $85 million and imports are $100 million.

A) $1345 million B) $1315 million
C) $955 million D) $815 million
 
Answer & Explanation Answer: B) $1315 million

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Q:

Which of the following is the CORRECT decreasing order of intercellular space in various simple permanent tissues?

 

A) Parenchyma > Sclerenchyma > Collenchyma   B) Collenchyma > Parenchyma > Sclerenchyma  
C) Parenchyma > Collenchyma > Sclerenchyma   D) Sclerenchyma > Parenchyma > Collenchyma  
 
Answer & Explanation Answer: C) Parenchyma > Collenchyma > Sclerenchyma  

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Q:

What is the type of asexual reproduction in Amoeba?

A) Spore formation B) Binary fission
C) Vegetative propagation D) Budding
 
Answer & Explanation Answer: B) Binary fission

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

At the micro level, the dialectical process of development in India (has now heading) towards another direction.

A) had now heading B) now heading
C) is now heading D) no improvement
 
Answer & Explanation Answer: C) is now heading

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