Questions

Q:

If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is ­3.2 findmP1?

A) Rs 85 B) Rs 80
C) D) Rs 95
 
Answer & Explanation Answer: B) Rs 80

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Q:

If demand curve for racing cycles is D = 80200 ­ 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units B) 31220 units
C) 8750 units D) 41720 units
 
Answer & Explanation Answer: D) 41720 units

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Q:

In 2015, the nominal rate of interest in a country was 8% and the inflation rate then was 2.5%. So real rate of interest in 2015 was

A) 3.2 percent B) 10.5 percent
C) 8 percent D) 5.5 percent
 
Answer & Explanation Answer: D) 5.5 percent

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Q:

What is the full form of PVC?

A) Phosphonil vinyl Carbonate B) Polyvinyl S Carbonate
C) Polyvinyl Carbonate D) Polyvinyl Chloride
 
Answer & Explanation Answer: D) Polyvinyl Chloride

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Q:

Which of the following is an amphoteric oxide?

A) Aluminium oxide B) Iron oxide
C) Magnesium oxide D) Carbon dioxide
 
Answer & Explanation Answer: A) Aluminium oxide

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Q:

Which of the following is called Aurum?

A) Bronze B) Gold
C) Silver D) Copper
 
Answer & Explanation Answer: B) Gold

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Q:

How many union territories does India have as of June 2017?

A) 7 B) 6
C) 5 D) 4
 
Answer & Explanation Answer: A) 7

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Q:

The Dhola-Sadiya Bridge, dedicated to the nation by Prime Minister Narendra Modi, is built across which river?

A) Narmada River B) Yamuna River
C) Lohit River D) Ganges River
 
Answer & Explanation Answer: C) Lohit River

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