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Q:

If demand curve for racing cycles is D = 80200 ­ 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units B) 31220 units
C) 8750 units D) 41720 units
 
Answer & Explanation Answer: D) 41720 units

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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: D) decrease; increase

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Q:

The number of days' sales uncollected is calculated by

A) Dividing accounts receivable by net sales and multiplying by 365. B) Dividing net sales by accounts receivable and multiplying by 365.
C) Dividing accounts receivable by net sales. D) Dividing net sales by accounts receivable.
 
Answer & Explanation Answer: A) Dividing accounts receivable by net sales and multiplying by 365.

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Q:

In the following question, out of the four alternatives, select the word opposite in meaning to the word given.
Opprobrium

A) Adulation B) Ignominy
C) Mystical D) Preclude
 
Answer & Explanation Answer: A) Adulation

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Q:

Which one among the following stars is nearest to the earth?

A) Sirius B) Arcturus
C) Spica D) Proxima Centauri
 
Answer & Explanation Answer: D) Proxima Centauri

Explanation:

Proxima Centauri is the nearest star, and on August 24, 2016 astronomers announced it likely has a planet. This star is the nearest of a triple star system, which we on Earth see with the eye alone as the single star Alpha Centauri, visible from Earth's Southern Hemisphere

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Q:

On which date is India likely to experience the shortest day?

A) December 22 B) March 21
C) June 22 D) September 23
 
Answer & Explanation Answer: A) December 22

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Q:

The 'solid waste' is also known as

A) Sedge B) Toxic waste
C) Sludge D) Scrubber
 
Answer & Explanation Answer: C) Sludge

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Q:

Ozone hole is caused by chemicals like _____.

A) Nitrogen Oxide B) Hydrogen Sulphide
C) Chloro Fluoro Carbon D) Carbon Monoxide
 
Answer & Explanation Answer: C) Chloro Fluoro Carbon

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