Questions

Q:

In which of the following market forms, a firm does not exercise control over price?

A) Monopoly B) Perfect competition
C) Oligopoly D) Monopolistic competition
 
Answer & Explanation Answer: B) Perfect competition

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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45 B) 0.55
C) 2 D)  1.25
 
Answer & Explanation Answer: B) 0.55

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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the buttoncorresponding to it. If the sentence is free from error, click the "No error" option.

There was a (A)/ comparison between (B)/ you and he (C)/ no error (D)

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

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Q:

Birth rate in a country is defined as

A) Number of births per 100 in 1 year B) Number of births per 1000 in 1 year
C) Number of births per km of area in 1 year D) Number of births per 100 km of area in 1 year
 
Answer & Explanation Answer: B) Number of births per 1000 in 1 year

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Q:

The Battle of Plassey was fought in

A) Calcutta B) Bombai
C) Madras D) Delhi
 
Answer & Explanation Answer: A) Calcutta

Explanation:

The Battle of Plassey was fought at Palashi, on the banks of Bhagirathi river near Calcutta on June 23, 1757.

It is a battle fought between the East India Company force headed by Robert Clive and Siraj-Ud-Daulah (Nawab of Bengal).

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Q:

Consider the given statement/s to be true and decide which of the given conclusions/assumptions can definitely be drawn from the given statement.
Statements:
1. All cycles are ducks.
2. All ducks are swans.
Conclusions:
I. All swans are cycles.
II. Some swans are cycles.

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusions  follows D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: B) Only conclusion II follows

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Q:

Rajesh walks 2 km to south, then turns north­east, and walks 3 km. Then he turns south and walks 2 kms. Then he turns west and walks 4 kms. Finally, he turns north­west and walks 5 kms. In which direction is he from his starting point?

A) North-­west B) North-east
C) South-east D) South-west
 
Answer & Explanation Answer: A) North-­west

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Q:

Which sport has the highest rank of Yokozuna?

A) Sumo wrestling B) Judo
C) Jujitsu D) Kendo
 
Answer & Explanation Answer: A) Sumo wrestling

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