Q:

Micro economics deals with

A) the circular flow of income	B) the decision making of a single economic variable like demand
C) understanding unemployment	D) economic growth

Answer & Explanation Answer: B) the decision making of a single economic variable like demand

Explanation:

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Q:

The process of copying genetic information from one strand of DNA into RNA is termed as

A) translation	B) transcription
C) replication	D) mutation

Answer & Explanation Answer: B) transcription

Explanation:

The process of copying genetic information from one strand of the DNA into RNA is termed as transcription. In transcription, only a segment of DNA and only one of the strands is copied into RNA. This necessitates defining the boundaries that would demarcate the region and the strand of DNA that would be transcribed.

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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

Explanation:

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Q:

Which of the following organisms can reproduce by regeneration and budding?

A) Yeast	B) Plasmodium
C) Hydra	D) Planaria

Answer & Explanation Answer: C) Hydra

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Q:

Which curve shows the inverse relationship between unemployment and inflation rates

A) Supply curve	B) Indifference curve
C) IS curve	D) Phillips curve

Answer & Explanation Answer: D) Phillips curve

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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 a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50%	B) 8%
C) 10%	D) 15%

Answer & Explanation Answer: A) 12.50%

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Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question, choose the correct alternative and click the button corresponding to it.
Sushma has a deep _____ for drunkards.

A) hatred	B) hate
C) hated	D) hating

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