Questions

Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2 B) 1.2
C) -1.5 D) 1.5
 
Answer & Explanation Answer: A) -1.2

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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’.

 

True positive thinking starts by embracing reality in its myriad (1)/ shapes and forms; it involves the ability to feel negative emotions when you have to, (2)/ and still maintain hope enough to keep on going. (3)/ No error (4)

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

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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'.

The first and decisive step (1)/ in the expansion of Europe overseas (2)/ was the conquest of Atlantic Ocean. (3)/ No error (4)

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

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Q:

During their rule the British persuaded or forced cultivators in Punjab to grow __________.

A) Jute B) Tea
C) Sugarcane D) Wheat
 
Answer & Explanation Answer: D) Wheat

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Q:

Name the British General who was responsible for the Jallianwalla Bagh massacre.

A) Hastings B) Cornwallis
C) Dyer D) Dalhousie
 
Answer & Explanation Answer: C) Dyer

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Q:

"Global Competitiveness Report" is released by which of the following organization?

A) WTO B) WEF
C) SAARC D) EU
 
Answer & Explanation Answer: B) WEF

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