Questions

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:

If demand curve for an electric tooth brush is D = 25000 -­ 7P and supply curve is S = 10000 + 8P, find the equilibrium Price?

A) Rs 150 B) Rs 1000
C) Rs 400 D) Rs 50
 
Answer & Explanation Answer: B) Rs 1000

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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:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


Democracy should _____ dignity of the individual. It should also aim at the _____ good of the greatest _____. The opposition party should _____ the wrong plans,
policies and decisions of the government in power. The government should cater to the _____ needs of the people to make its position solid.


of the greatest _____. The opposition party

A) people B) digit
C) number D)  individual
 
Answer & Explanation Answer: C) number

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Q:

Which is the first metallic element in the Modern Periodic Table?

A) Li B) Na
C) He D) H2
 
Answer & Explanation Answer: A) Li

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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'.

 

It is not (A)/ such a pretty place (B)/ that I had expected. (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 passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


The preacher challenged hundreds of thousands of young people who gathered in a ___________ Polish meadow to reject being a "____________" who retreats into video games and computer screens and instead engage in social activism and politics to create a more just world. __________ his speech with ______________, the 79- year-old pope, despite a long day of public appearances, addressed his eager audience with enthusiasm yesterday on a warm summer night. Pope Francis spoke of a ______________ that comes from merely seeking convenience, from confusing happiness with a complacent way of life that could end up depriving people of the ability to determine their own fates.


"____________" who retreats into video games and computer screens

A) couch potato B) lazy tomato
C) loafer D) spectator
 
Answer & Explanation Answer: A) couch potato

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Most __________________ of all to the rambler on avian lore intent is the fact that there are many species and genera that are peculiar to the West, and ______________ new to him, keeping him constantly on the 'qui vive'. _____________ Colorado you will look in vain for the common blue jay, so abundant in all parts of the East; but you will be more _______________ compensated by the presence of seven other species _____________ the jay household.


but you will be more _______________ compensated

A) then B) that
C) than D) this
 
Answer & Explanation Answer: C) than

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