Questions

Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law B) Grimm's law
C) Gresham's law D) Keynes' law
 
Answer & Explanation Answer: C) Gresham's law

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Q:

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

A) 8 percent B) 12.5 percent
C) 10 percent D) 15 percent
 
Answer & Explanation Answer: B) 12.5 percent

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Q:

Acacia arabica is the scientific name of

A) Neem B) Teak
C) Babhul D) Pomegranate
 
Answer & Explanation Answer: C) Babhul

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Q:

___, found in blood, is responsible for oxygen transportation.

A) WBC B) Plasma
C) Platelets D) RBC
 
Answer & Explanation Answer: D) RBC

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Q:

Which of the following gases is used to prevent food material from getting oxidised?

A) Oxygen B) Chlorine
C) Nitrogen D) Hydrogen
 
Answer & Explanation Answer: C) Nitrogen

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Q:

Which of the following gases is liberated when Sodium Hydrogen Carbonate is heated?

A) Carbon Monoxide B) Carbon Dioxide
C) Oxygen D) Hydrogen
 
Answer & Explanation Answer: B) Carbon Dioxide

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Q:

The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.

A) USA B) India
C) Soviet Union D) Japan
 
Answer & Explanation Answer: C) Soviet Union

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Q:

Three sides of a triangle are 5 cm, 9 cm and x cm. The minimum integral value of x is

A) 2 B) 3
C) 4 D) 5
 
Answer & Explanation Answer: D) 5

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