Questions

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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Q:

Acacia arabica is the scientific name of

A) Neem B) Teak
C) Babhul D) Pomegranate
 
Answer & Explanation Answer: C) Babhul

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Q:

Hydra reproduces by

A) Fragmentation B) Multiple fission
C) Budding D) Binary fission
 
Answer & Explanation Answer: C) Budding

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Q:

Which hormone is released from the testes?

A) Insulin B) Testosterone
C) Thyroxin D) Estrogen
 
Answer & Explanation Answer: B) Testosterone

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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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Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Q:

The number of days' sales uncollected is calculated by

A) Dividing accounts receivable by net sales and multiplying by 365. B) Dividing net sales by accounts receivable and multiplying by 365.
C) Dividing accounts receivable by net sales. D) Dividing net sales by accounts receivable.
 
Answer & Explanation Answer: A) Dividing accounts receivable by net sales and multiplying by 365.

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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.

 

I said to my father, "I want to build a raft which can hold four people ."

 

A) I told my father that I am wanting to build a raft which could hold four people. B) I told my father that that I wanted to build a raft which could hold four people.
C) I told my father that that I am wanting to build a raft which could hold four people. D) I told my father that I wanted to build a raft which could hold four people.
 
Answer & Explanation Answer: D) I told my father that I wanted to build a raft which could hold four people.

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