Basic General Knowledge
What is the function of a dynamo?

To convert electrical energy into mechanical energy
To convert heat energy into light energy
To convert light energy into heat energy
To convert mechanical energy into electrical energy

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Basic General Knowledge
Recession is

period during which unemployment may rise and demand and output may fall, leading to slump in trade
period that results from accumulation of unsold goods, owing to fall in demand
All of these
slowing down of economic activity over a limited period

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Basic General Knowledge
Value Added Tax (VAT) is

None of these
indirect tax levied at each stage of production and distribution, from the primary produce to the re
both (a) and (b)
tax calculated on the selling price, but in declaring the liability to the government, the seller is

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