Questions

Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24 B) 18
C) 36 D) 60
 
Answer & Explanation Answer: C) 36

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Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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Q:

Buying and Selling products are examples of

A) investing activities. B) operating activities.
C) delivering activities. D) financing activities.
 
Answer & Explanation Answer: B) operating activities.

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Q:

If for a perfectly competitive firm, price is Rs 7.2, output is 4500 units, average variable costs are Rs 1.2, and average total costs are Rs 4. The firm's profits are equal to

A) Rs 7200 B) Rs 9000
C) Rs 14400 D) Rs 19800
 
Answer & Explanation Answer: C) Rs 14400

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Q:

In each of the following choose the word most nearly opposite in meaning to the word given in capitals.

“DEROGATORY”

A) Conferred B) Immediate
C) Praising D) Private
 
Answer & Explanation Answer: C) Praising

Explanation:

Derogatory means showing a critical or disrespectful attitude and, Praising means express warm approval. Both words are opposite in nature.

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Filed Under: English
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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'.
Are not your father (1)/ and your elder brother (2)/ out of town? (3)/ No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

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Q:

What is the type of asexual reproduction in Amoeba?

A) Spore formation B) Binary fission
C) Vegetative propagation D) Budding
 
Answer & Explanation Answer: B) Binary fission

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Q:

Who is the author of the Indian English Novel 'Sita : Warrior of Mithila' published in

A) Amish Tripathi B) Rahul Mehta
C) Chetan Bhagat D) Robin Sharma
 
Answer & Explanation Answer: A) Amish Tripathi

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