Questions

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

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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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Filed Under: Indian Economy
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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Tell me the name of B) a country where every citizen is law-abiding
C) and no trouble is there D) No error
 
Answer & Explanation Answer: C) and no trouble is there

Explanation:

Error is in third part. Here, “there” is an adverb that qualifies the verb ‘is’. The position of ‘there’ in the sentence is incorrect. The correct usage should be ‘there is no trouble’. It indicates the absence of any trouble in a country.

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Filed Under: English
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Q:

ITF Davis Cup is structured with a ___ nation World Group.

A) 8 B) 16
C) 20 D) 24
 
Answer & Explanation Answer: B) 16

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Filed Under: Sports
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Q:

As of February 2018, which famous Bollywood actor has been named as the brand ambassador of 'Resurgent Rajasthan', a state government campaign?

A) Irrfan Khan B) Amitabh Bachchan 
C) Rahul Singh D) Anupam Kher
 
Answer & Explanation Answer: A) Irrfan Khan

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Filed Under: Famous Personalities
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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:

Find the odd word/letters/number pair from the given alternatives.

A) (3 , 12) B) (2 , 6)
C) (6 , 42) D) (5 , 35)
 
Answer & Explanation Answer: D) (5 , 35)

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Q:

Find out the odd word/letters/number/number pair from the given alternatives.

A) Tamil Nadu B) Kerala
C) Andhra Pradesh D) Delhi
 
Answer & Explanation Answer: D) Delhi

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