Q:

Which is the most important factor that determines whether advertising by manufacturing sector will lead to higher sales?

A) Demand is elastic	B) Demand is inelastic
C) The product can be differentiated	D) The product can be homogenous.

Answer & Explanation Answer: C) The product can be differentiated

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Q:

‘Capital gains’ refers to goods which

A) serve as a source of raising further capital	B) help in the further production of goods
C) directly go into the satisfaction of human wants	D) find multiple uses

Answer & Explanation Answer: B) help in the further production of goods

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Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor	B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go	D) decreases unemployment

Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

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Q:

Earnings per share are calculated by dividing

A) (net income less preferred stock dividends) by average common shares outstanding.	B) gross profit by average common shares outstanding.
C) net sales by average common shares outstanding.	D) net income by average common shares outstanding.

Answer & Explanation Answer: A) (net income less preferred stock dividends) by average common shares outstanding.

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Q:

Identify a type of asexual reproduction which involves reproduction through parts of a plant such as roots, stem and leaves?

A) Budding	B) Vegetative propagation
C) Fragmentation	D) Fission

Answer & Explanation Answer: A) Budding

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Q:

_____ reproduces by multiple fission.

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

Answer & Explanation Answer: A) Plasmodium

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Q:

What is the name of the point at which the chromatids are attached in a chromosome?

A) Centrosome	B) Centromere
C) Nucleosome	D) Gene

Answer & Explanation Answer: B) Centromere

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Q:

Ramesh starts his journey by walking 2 kilometres towards North. Then he takes a right turn and walks 1 kilometre. Again takes a right turn and walks 2 kilometre. Now which direction is he facing?

A) East	B) West
C) South	D) North

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