Questions

Q:

__________ is defined as the output per unit of variable input

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: D) Average product

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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:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market D) Raising and lowering the foreign exchange rate
 
Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Q:

Propyne and propene can be distinguished by

A) AgNO₃ in ammonia B) conc. H₂SO₄
C) dil. KMnO₄ D) Br₂ in CCl₄
 
Answer & Explanation Answer: A) AgNO₃ in ammonia

Explanation:

Propene, being an alkene, and propyne, being a alkyne, are distinguished using the common chemical tests namely ammoniacal silver nitrate or ammoniacal cuprous chloride. Ammoniacal silver nitrate is also called as Tollen's reagent.

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

To take the cake

A) To have something unexpectedly good to eat B) To get a lovely gift
C) To grab the prize before others D) To to be especially good; outstanding
 
Answer & Explanation Answer: D) To to be especially good; outstanding

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

Me and my wife (A) / were at home (B) / last night. (C) / No Error (D)

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

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