4551: Under which of the following circumstances may 'capital gains' arise?

1. When there is an increase in the sales of a product

2. When there is a natural increase in the value of the property owned

3. When you purchase a painting and there is a growth in its value due to increase in its popularity

Select the correct answer using the codes given below :

(a) 1 only
(b) 2 and 3 only
(c) 2 only
(d) 1, 2 and 3
4552: Anand must be a vegetarian because he is a Buddhist.
The argument assumes that
(a) most Buddhists are vegetarians
(b) all Buddhists are vegetarians
(c) only Buddhists are vegetarians
(d) most vegetarians are Buddhists
4553: For which one of the following countries is Spanish not an official language?

(a) Colombia
(b) Cuba
(c) Republic of Congo
(d) Chile
4554: Consider the following statements:

1. Petroleum and Natural Gas Regulatory Board (PNGRB) is the first regulatory body set up by the Government of India.
2. One of the tasks of PNGRB is to ensure competitive markets for gas.
3. Appeals against the decisions of PNGRB go before the Appellate Tribunals for Electricity.

Which of the statements given above are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3
4555: What is the broad area in which the Nobel Prize winners for the year 2006 in Physiology or Medicine, worked to get the Prize?

(A) Adult stem cell research
(B) Immunology and disease resistance
(C) Flow of genetic information
(D) Prevention of weakening due to ageing