Questions

Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Q:

Which of the following is a tertiary activity?

A) Farming B) Manufacturing
C) Dairying D) Trading
 
Answer & Explanation Answer: D) Trading

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Q:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.  B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions. D) the extent to which a market is competitive. 
 
Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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Q:

The Concept of Suspension of Fundamental Rights in Indian Constitution has been taken from which Country’s Constitution?

 

 

A) France B) Germany
C) Russia D) Australia
 
Answer & Explanation Answer: B) Germany

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Q:

Which bill can be introduced without the prior recommendation of the President of India?

A) Money Bill B) Finance Bill
C) Ordinary Bill D) No option is correct
 
Answer & Explanation Answer: C) Ordinary Bill

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Q:

ΔPQR is right angled at Q. If cosecP = 25/24, then what is the value of cotR ?

A) 25/7 B) 24/25
C) 7/24 D) 24/7
 
Answer & Explanation Answer: D) 24/7

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Q:

When a number is divided by 56, the remainder will be 29. If the same number is divided by 8, then the remainder will be

A) 6 B) 7
C) 5 D) 3
 
Answer & Explanation Answer: C) 5

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Q:

In the following question, select the odd word pair from the given alternatives.

A) Crop – Rice B) Crop – Rubber
C) Crop – Wheat D) Crop – Bajra
 
Answer & Explanation Answer: B) Crop – Rubber

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