Questions

Q:

The Prime Minister of India unveiled a 112-feet bust of 'Lord Shiva in an Adiyogi pose' at the Isha Yoga centre in 2017. In which city is this statue located?

A) Amarnath B) Kedarnath
C) Coimbatore D) Varanasi
 
Answer & Explanation Answer: C) Coimbatore

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Q:

Which north-eastern state of India has signed up to host the 39th National Games in the year 2022?

A) Meghalaya B) Mizoram
C) Manipur D) Tripura
 
Answer & Explanation Answer: A) Meghalaya

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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 reason Priya was late (1)/ to the meeting is because her (2)/ flight was delayed. (3)/ No Error (4)

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

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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:

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 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:

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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