Questions

Q:

__________ is defined as the output per unit of variable input

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: D) Average product

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Q:

How many chromosomes does a human cell contain?

A) 6 B) 26
C) 46 D) 66
 
Answer & Explanation Answer: C) 46

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

The very ___________________ of apologizing and forgiveness _________________ the importance of memory and the vitality of the community as a link between past, present and future. It ________________ the question of the responsibility ______________ the past and its injustices. Somehow for many politicians, the past is a different country for _________________ they have no responsibility.

 

the past is a different country for _________________ they have no responsibility.

 

A) that B) those
C) which D) whom
 
Answer & Explanation Answer: C) which

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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:

Where is the headquarters of the World Customs Organization (WCO) located?

A) Brussels B) Paris
C) Berlin D) Rome
 
Answer & Explanation Answer: A) Brussels

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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

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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:

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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