Questions

Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3% B) 10%
C) 2.50% D) 7%
 
Answer & Explanation Answer: B) 10%

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Q:

The __________ exchange rate is the price of one unit of foreign currency in terms of domestic currency.

A) Artificial B) Nominal
C) Fixed D) Real
 
Answer & Explanation Answer: B) Nominal

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Q:

In which of the following market forms, a firm does not exercise control over price?

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

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Q:

Debenture holders of a company are its ___________.

A) Shareholders B) Creditors
C) Debtors D) Directors
 
Answer & Explanation Answer: B) Creditors

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Q:

In rainforest habitats are classified by?

A) in the canopy B) tree type
C) vertically D) by water level
 
Answer & Explanation Answer: C) vertically

Explanation:

Rainforests are very dense, warm and wet forests. The reason it is called a "rain" forest is because of the high amount of rainfall it gets per year.

 

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Q:

In the following questions, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Literature is a _____ through which a person conveys his ideas towards or protest _____ different norms of society. The words that deal with a _____ issue are ofparticular importance in literature.They are _____ with a particular purpose in _____.

 

conveys his ideas towards or protest _____ different norms

A) against B) for
C) in D) off
 
Answer & Explanation Answer: A) against

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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'.
Are not your father (1)/ and your elder brother (2)/ out of town? (3)/ No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

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Q:

Which of the following countries has built the world's biggest air purifier, a 328 feet high tower, to combat air pollution?

 

A) Germany B) India
C) Australia D) China
 
Answer & Explanation Answer: D) China

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