Exercise 2

Question 21 :

Free market is

A). a condition in the international market where nations do not impose customs duty or other taxes on import of goods
B). market where the price of a commodity is determined by free play of the forces of supply and demand
C). ports that are exempted from payment of customs duty on articles of commerce, primarily to encourage tourism
D). None of the above
Answer : Option B

Question 22 :

East Timor, which became the 191st member of the UN, is in the continent of

A). Asia
B). Africa
C). Europe
D). South America
Answer : Option A

Question 23 :

Free surface of a liquid behaves like a sheet and tends to contract to the smallest possible area due to the

A). force of adhesion
B). force of friction
C). centrifugal force
D). force of cohesion
Answer : Option D

Question 24 :

Gopal Krishna Gokhale

A). started as a maths teacher and rose to the position of the principal of Ferguson College, Pune
B). founded the servants of India Society
C). served as President of the Indian National Congress in 1905
D). All of the above
Answer : Option D

Question 25 :

GNLF stands for

A). Gorkha National Liberation Front
B). Gross National Liberation Form
C). Both option A and B
D). None of the above
Answer : Option A