Questions

Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Q:

If demand curve for an electric tooth brush is D = 25000 -­ 7P and supply curve is S = 10000 + 8P, find the equilibrium Price?

A) Rs 150 B) Rs 1000
C) Rs 400 D) Rs 50
 
Answer & Explanation Answer: B) Rs 1000

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Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book B) Journal Proper
C) Cash book D) Ledger
 
Answer & Explanation Answer: B) Journal Proper

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Filed Under: Indian Economy
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Q:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

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Q:

Which of the following salts is acidic in nature?

A) Sodium Carbonate B) Ammonium Phosphate
C) Magnesium Sulphate D) Sadium Acetate
 
Answer & Explanation Answer: A) Sodium Carbonate

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Filed Under: Chemistry
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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:

A shop keeper cheats to the extent of 10% while buying and selling fruits, by using tampered weights. His total gain, in %, is:

A) 21 B) 24
C) 22 D) 23
 
Answer & Explanation Answer: A) 21

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Q:

If O is the centroid and AD, BE and CF are the three medians of Δ ABC with an area of 96 cm2 then the area of Δ BOD in cm2 is

A) 8 B) 12
C) 16 D) 24
 
Answer & Explanation Answer: C) 16

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