Questions

Q:

From which of the following, is the GDP of a country not derived from?

A) Agricultural sector B) Industrial sector
C) International sector D) Service sector
 
Answer & Explanation Answer: C) International sector

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Filed Under: Indian Economy
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Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


Democracy should _____ dignity of the individual. It should also aim at the _____ good of the greatest _____. The opposition party should _____ the wrong plans,
policies and decisions of the government in power. The government should cater to the _____ needs of the people to make its position solid.


of the greatest _____. The opposition party

A) people B) digit
C) number D)  individual
 
Answer & Explanation Answer: C) number

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Filed Under: English
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Q:

The fat digesting enzyme Lipase is secreted by which of the following

A) Kidneys B) Pancreas
C) Large Intestine D) Liver
 
Answer & Explanation Answer: B) Pancreas

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Filed Under: Biology
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Q:

The transport of soluble products of photosynthesis is called ______.

A) transpiration B) translocation
C) transportation D) concentration
 
Answer & Explanation Answer: B) translocation

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Filed Under: Biology
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Q:

Which is NOT an example of organism that takes in whole food material and breaks it down inside its body?

 

A) Mushrooms   B) Fish  
C) Snake D) Lizards
 
Answer & Explanation Answer: A) Mushrooms  

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Filed Under: Biology
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Q:

Where is the headquarters of the World Customs Organization (WCO) located?

A) Brussels B) Paris
C) Berlin D) Rome
 
Answer & Explanation Answer: A) Brussels

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Filed Under: World Organisations
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