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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Filed Under: Indian Economy
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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market D) Raising and lowering the foreign exchange rate
 
Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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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 express the same sentence in Indirect/Direct speech.

 

Mother told me that I should listen to her first and then do anything as I pleased.

 

A) Mother said to me, "I should listen to me first and then do anything I please." B) Mother said to me, "He should listen to her first and then do anything he pleases."
C) Mother said to me, "You should listen to me first and then do anything I pleased." D) Mother said to me, "You should listen to me first and then do anything as you please."
 
Answer & Explanation Answer: D) Mother said to me, "You should listen to me first and then do anything as you please."

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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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'.

The vast majority of people are consuming (1)/ suboptimal amounts of most micronutrients (2)/ and most of the micronutrients concerning are very safe. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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Filed Under: English
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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.

 

I will not allow you to ride that motorcycle.

A) I will not be allowing riding that motorcycle by you. B) You will not be allowed by me to ride that motorcycle.
C) You had not been allowed by myself riding that motorcycle. D) Riding of that motorcycle by you has not been allowed by me.
 
Answer & Explanation Answer: B) You will not be allowed by me to ride that motorcycle.

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Filed Under: English
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Q:

Two identical resistors, each of 10 ohm, are connected in parallel. This combination, in turn, is connected to a third resistor of 10 ohm. The equivalent resistance of the combination is ___.

A) 30 ohm B) 5 ohm
C) 15 ohm D) 10 ohm
 
Answer & Explanation Answer: C) 15 ohm

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Filed Under: Physics
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Q:

Which of the following states has the lowest literacy rate?

A) Kerala B) Rajasthan
C) Bihar D) Maharashtra
 
Answer & Explanation Answer: C) Bihar

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Filed Under: General Awareness
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