Questions

Q:

If demand curve for renting a car is D = 90000 -­ 23P and supply curve is S = 9000 + 7P, find the equilibrium Price?

A) Rs 1800 B) Rs 900
C) Rs 3600 D) Rs 2700
 
Answer & Explanation Answer: D) Rs 2700

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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:

The famous Golconda Fort is situated in the state of

A) Madhya Pradesh B) Telangana
C) Karnataka D) Bihar
 
Answer & Explanation Answer: B) Telangana

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.
Neha said, "Need I write a letter?"

A) Neha asked if she have to write a letter. B) Neha asked if she had been writing a letter.
C) Neha asked of writing a letter. D) Neha asked if she had to write a letter.
 
Answer & Explanation Answer: D) Neha asked if she had to write a letter.

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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:

Which of these countries got Independence from United Kingdom?

A) Uzbekistan B) India
C) Venezuela D) South Korea
 
Answer & Explanation Answer: B) India

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Airy

 

A) Stuffy   B) Graceful  
C) Indifferent   D) Light
 
Answer & Explanation Answer: A) Stuffy  

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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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