Questions

Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3% B) 10%
C) 2.50% D) 7%
 
Answer & Explanation Answer: B) 10%

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Q:

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?

A) 20000 B) 10000
C) 15000 D) 12000
 
Answer & Explanation Answer: A) 20000

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Q:

In India, which of the following is regulated by the Forward Markets Commission?

A) Currency Futures Trading B) Commodities Futures Trading
C) Equity Futures Trading D) Both Commodities Futures and Financial Futures Trading
 
Answer & Explanation Answer: B) Commodities Futures Trading

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Passive/Active voice.
He had kept up his training regimen for a month.

A) Keeping up the training regimen had been done by him for a month. B) For a month he has had been keeping his training regimen.
C) He is training and this has been kept for a month. D) His training regimen had been kept up by him for a month.
 
Answer & Explanation Answer: D) His training regimen had been kept up by him for a month.

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

 

The groom said to the bride, "I will take good care of you."

 

A) The groom promised the bride that he would take good care of her. B) The groom has promised the bride that he will be taking good care of her.
C) The groom had promised the bride that he would have taken good care of her. D) The groom promises the bride that he would take good care of her.
 
Answer & Explanation Answer: A) The groom promised the bride that he would take good care of her.

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

She did not ______ any profits from the investment.

 

A) gain   B) detain
C) gripe   D) returned
 
Answer & Explanation Answer: A) gain  

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Q:

A sentence has been given in Active/Passive Voice. Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.


Everyone enjoyed the scene.

 

A) The scene has been enjoyed by everyone. B) The scene was enjoyed by everyone
C) The scene was enjoyed for everyone. D) The scene was appreciated by everyone
 
Answer & Explanation Answer: B) The scene was enjoyed by everyone

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

Hardly had I stepped(A)/out of my house when(B)/I saw them coming towards my house.(C)/No error(D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: D) D

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