Questions

Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Q:

Working capital is a measure of

A) liquidity B) consistency
C) profitability D) solvency
 
Answer & Explanation Answer: A) liquidity

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Filed Under: Indian Economy
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Q:

Which north-eastern state of India has signed up to host the 39th National Games in the year 2022?

A) Meghalaya B) Mizoram
C) Manipur D) Tripura
 
Answer & Explanation Answer: A) Meghalaya

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Q:

Which one of the following is lyophilic colloid?

A) Gold sol B) Smoke
C) Cloud D) Starch aqueous solution
 
Answer & Explanation Answer: D) Starch aqueous solution

Explanation:

Starch aqueous solution is a lyophilic colloidal solution.

 

Lyophilic colloids are liquid loving colloids.  When these colloids are mixed with suitable liquid high force of attraction exists between colloidal particles and liquid.

 

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Filed Under: Chemistry
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Q:

Which one reveals, more appropriately, functioning of the heart?

A) Electrocardiogram B) Echocardiogram
C) Stethoscope D) Lipid profile
 
Answer & Explanation Answer: B) Echocardiogram

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Filed Under: Biology
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Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book B) Journal Proper
C) Cash book D) Ledger
 
Answer & Explanation Answer: B) Journal Proper

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Tell me the name of B) a country where every citizen is law-abiding
C) and no trouble is there D) No error
 
Answer & Explanation Answer: C) and no trouble is there

Explanation:

Error is in third part. Here, “there” is an adverb that qualifies the verb ‘is’. The position of ‘there’ in the sentence is incorrect. The correct usage should be ‘there is no trouble’. It indicates the absence of any trouble in a country.

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Filed Under: English
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