Questions

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

This tax is entirely borne by the entity it is levied upon and cannot be passed.

In India, which of the following is regulated by the Forward Markets Commission?

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options

P: Very seldom do we actually go out and do something, which is beneficial to the society without thinking of our own side benefit of it.
Q: This is something that we have been falling short of.
R: Every society must develop in its people a social responsibility.
S: We are very individualistic and don’t relate ourselves to our society as such.

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

Learning is the knowledge of that which is not generally known to others, and which we can only derive at second­hand from books or other artificial sources. The knowledge of that which is before us, or about us, which appeals to our experience, passions, and pursuits, to the bosoms and businesses of men, is not learning. Learning is the knowledge of that which none but the learned know. He is the most learned man who knows the most of what is farthest removed from common life and actual observation. The learned man prides himself in the knowledge of names, and dates, not of men or things. He thinks and cares nothing about his next­door neighbours, but he is deeply read in the tribes and castes of the Hindoos and Calmuc Tartars. He can hardly find his way into the next street, though he is acquainted with the exact dimensions of Constantinople and Peking. He does not know whether his oldest acquaintance is a knave or a fool, but he can pronounce a pompous lecture on all the principal characters in history. He cannot tell whether an object is black or white, round or square, and yet he is a professed master of the optics and the rules of perspective.

Learning is defined as

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.
Get up on the wrong side of the bed

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.

He told his mother that he was starting in two days' time.

From the given words, select the word which cannot be formed using the letters of the given word. CIRCUMSTANCES