Questions

Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Passive/Active voice.
The theatre was keeping a seat for you.

A) A seat was being kept for you by the theatre. B) Keeping of a seat for you has been done by the theatre.
C) The theatre has kept a seat for you. D) A seat would be kept for you by the theatre.
 
Answer & Explanation Answer: A) A seat was being kept for you by the theatre.

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Q:

Lungs are the primary organs of _________.

A) Digestion B) Constipation
C) Perspiration D) Respiration
 
Answer & Explanation Answer: D) Respiration

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Q:

Which of the following physiological symptoms are signs of stress?

A) Arthritis and carpal tunnel syndrome B) Dental cavities and bone loss
C) Headaches and elevated blood pressure D) Hearing and vision loss
 
Answer & Explanation Answer: C) Headaches and elevated blood pressure

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Q:

Pancreatic juice require which medium for their action?

A) Acidic B) Basic
C) Neutral D) All option are correct
 
Answer & Explanation Answer: B) Basic

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Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law B) Grimm's law
C) Gresham's law D) Keynes' law
 
Answer & Explanation Answer: C) Gresham's law

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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:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

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