Questions

Q:

If price of an article decreases from Rs. 25 to Rs. 20, quantity demanded increases from Q1 units to 1500 units. If point elasticity of demand is -1.25, find Q1?

A) 900 units B) 1200 units
C) 1800 units D) 2000 units
 
Answer & Explanation Answer: B) 1200 units

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Filed Under: Indian Economy
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Q:

In which of the following case, law of demand fails?

A) Giffen goods B) Normal goods
C) Inferior goods D) Both Giffen and Inferior goods
 
Answer & Explanation Answer: A) Giffen goods

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Q:

Which is the form of market where there is lack of competition?

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

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Filed Under: Indian Economy
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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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Filed Under: English
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Q:

Which of the following metals does NOT react with cold or hot water?

A) Aluminium B) Potassium
C) Sodium D) Calcium
 
Answer & Explanation Answer: A) Aluminium

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Filed Under: Chemistry
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Q:

_______________ states that the ratio of the potential difference across a conductor to the current flowing through it, is a constant, provided that its physical conditions, such as temperature, remain constant.

A) Lenz's Law B) Hooke's Law
C) Ohm's Law D) The coulomb's law
 
Answer & Explanation Answer: C) Ohm's Law

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Filed Under: Physics
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Q:

Kinetic energy is equal to

A) 1/2 mv2 B) mgh
C) mv D) Ma
 
Answer & Explanation Answer: A) 1/2 mv2

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Filed Under: Physics
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Q:

Which is the largest continent in the world?

A) Africa B) North America
C) South America D) Asia
 
Answer & Explanation Answer: D) Asia

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Filed Under: General Awareness
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