291: Heat from the sun is received by the earth through:
(a) Conduction
(b) Convection
(c) Radiation
(d) None of the above
292: If a toy boat in a tank sinks, the level of water will:
(a) Increase
(b) Decrease
(c) Fluctuate
(d) Remain the same
293: Consider the following statements:
1. Baking soda is used in fire extinguishers.
2. Quicklime is used in the manufacture of glass.
3. Gypsum is used in the manufacture of Plaster of Paris.
Which of the statements given above is/are correct ?
(a) 1 and 2
(b) 2 and 3
(c) 1 only
(d) 1, 2 and 3
294: Consider the following taxes :
I. Corporation tax
II. Customs duty
III. Wealth tax
IV. Excise duty
Which of these is/are indirect taxes ?
(a) I only
(b) II and IV
(c) I and III
(d) II and III
Explanation:
Indirect taxes are customs duty and excise duty, whereas Corporation tax and Wealth tax are direct taxes.
295: Consider the following statements:
1. Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if the account-holders fail to repay dues.
2. CAR is decided by each individual bank.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2