Q:

Who built the Group of Monuments at Mahabalipuram?

A) Chola Kings	B) Pallava Kings
C) Chera Kings	D) Chalukya Kings

Answer & Explanation Answer: B) Pallava Kings

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Q:

Who among the following was NOT one of the 'Nine Gems' of Emperor Akbar's court?

A) Raja Todar Mal	B) Fakir Aziao-Din
C) Abu'l-Fazil ibn Mubarak	D) Osman Ali Khan

Answer & Explanation Answer: D) Osman Ali Khan

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Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3%	B) 10%
C) 2.50%	D) 7%

Answer & Explanation Answer: B) 10%

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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:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores	B) Rs 43.5 crores
C) Rs 76.5 crores	D) Rs 78.5 crores

Answer & Explanation Answer: D) Rs 78.5 crores

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Q:

What denotes offering several products for sale as one combined product?

A) Advertisement	B) Product mix
C) Product bundling	D) Differentiation

Answer & Explanation Answer: C) Product bundling

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Q:

Which of the following is not the properties of an ionic compound?

A) Soluble in water and insoluble in petrol	B) High melting and boiling points
C) Low melting and boiling points	D) Solid and hard

Answer & Explanation Answer: C) Low melting and boiling points

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Q:

Select the option that correctly matches the contents of the first column with the contents of the second column.

A. Elements combine in fixed ratios	I. Dalton's atomic theory
B. Atoms are indivisible	II. The same number of molecules
C. Sulphate and Oxalate ions are anions, whereas magnesium and	III. Law of constant proportions
D. Gram atomic mass of an element and the gram molecular mass of a compound contain	IV. Ammonium ions are cations

A) A-III, B-II, C-IV, D-I	B) A-III, B-I, C-IV, D-II
C) A-III, B-IV, C-I, D-II	D) A-I, B-III, C-IV, D-II

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