Questions

Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units B) 4500 units
C) 10500 units D) 6000 units
 
Answer & Explanation Answer: D) 6000 units

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A manufacturer faces price elasticity of demand of a ­1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.

A) 5.15 percent B) 7.65 percent
C) 8 percent D) 5.12 percent
 
Answer & Explanation Answer: C) 8 percent

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Q:

If the average total cost are Rs 2400, average variable cost is Rs 1700 and quantity produced is 75 units, find the total fixed costs of the firm?

A) Rs 52500 B) Rs 127500
C) Rs 180000 D) Rs 60000
 
Answer & Explanation Answer: A) Rs 52500

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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line. B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one. D) APS is positive at all income levels.
 
Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Q:

Fertilisation of sperm with the ovum takes place in

A) Uterus B) Cervix
C) Fallopian Tube D) Ovary
 
Answer & Explanation Answer: C) Fallopian Tube

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Filed Under: Biology
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Q:

In a concave mirror when the object is placed at infinity which of the following applies to the image?

A) Real, inverted, highly enlarged image at center of curvature (C) B) Real, inverted image of the same size at centre of curvature (C)
C) Real, inverted, diminished image between centre of curvature (C) and principal focus (F) D) Real, inverted, highly diminished image at focus
 
Answer & Explanation Answer: D) Real, inverted, highly diminished image at focus

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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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.


In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse square law __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where the judge, the police and the civil servant dispense ___________ to the citizen.

 

a few things are __________ to politicians.

 

A) right B) leave
C)  with D) left
 
Answer & Explanation Answer: D) left

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Filed Under: English
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Q:

Dwarfness can be controlled by treating plants with

A) Gibberellic acid B) Cytokinin
C) Ethylene D) Auxin
 
Answer & Explanation Answer: A) Gibberellic acid

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Filed Under: Biology
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