Questions

Q:

The disease Beri Beri is caused due to the deficiency of which of the following?

A) Vitamin B2 B) Vitamin B1
C) Vitamin B12 D) Vitamin E
 
Answer & Explanation Answer: B) Vitamin B1

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Q:

Which of the following is not true regard to Goods and Services Tax (GST) ?

A) It will replace luxury tax B) It is a direct tax
C) It will replace multiple taxes on a product or service D) It is an indirect tax
 
Answer & Explanation Answer: B) It is a direct tax

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Q:

Find arc elasticity of demand, if quantity demanded falls from 4600 to 4200 when price of the item is increased from Rs 960 to Rs 1000?

A) -2.23 B) -­2.09
C) 2.23 D) 2.09
 
Answer & Explanation Answer: A) -2.23

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Q:

If demand curve for trekking boots is D = 67500 - 18P and supply curve is S = 22500 + 12P, find the equilibrium Price?

A) 1500 B) 750
C) 2250 D) 500
 
Answer & Explanation Answer: A) 1500

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Q:

The word development in economics pertains to

A) democratic countries B) third world countries
C) advanced countries D) undeveloped countries
 
Answer & Explanation Answer: B) third world countries

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Q:

Improve the bracketed part of the sentence.
Higher crude oil prices have doubtlessly provided a significant fiscal boost in the past several months, although any (flair on) going forward can lead to a price spiral
that would have other untoward consequences as well.

A) flair in B) flare at
C) flare up D) No improvement
 
Answer & Explanation Answer: C) flare up

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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'.

 

As it was his first date,(A)/he dressed(B)/himself in best suit.(C)/No error(D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: C) C

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

Three Indian ad agencies have _______________ awards at the International competition.

A) obtained B) attained
C) bagged D)  procured
 
Answer & Explanation Answer: C) bagged

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