Questions

Q:

Which company has signed an agreement with UNESCO to launch virtual reality content and 360 degree videos on Indian heritage sites?

 

A) Nokia B) Sunstar
C) Samsung D) Amazon
 
Answer & Explanation Answer: C) Samsung

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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'.
She has not been (1)/ to the restaurant (2)/ much late. (3)/ No Error (4)

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

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Q:

Which of the following sets of taxes belongs to Central Government?

A) Excise duty, Sales tax and Custom duty B) Income tax, Custom duty and House tax
C) Excise duty, Custom duty and Income tax D) Custom duty, Entertainment tax and Income tax
 
Answer & Explanation Answer: C) Excise duty, Custom duty and Income tax

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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

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Q:

In the following question, from the given alternative words, select the word which cannot be formed using the letters of the given word.
Improvement

A) Rope B) Trim
C) Important D) Prove
 
Answer & Explanation Answer: C) Important

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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'.

 

An online shop evoke the analogy of buying products or services (1)/ at a regular retailer or shopping centre; the process (2)/ is called business-to-consumer (B2C) e-commerce .(3)/ No error (4)

 

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

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