Correct Answer: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).

Solution : In the field of economics, durable goods are those that continue to provide consumers with services for a number of years to come. Additionally, they can be kept in storage for longer periods of time due to their durability. The reason why customers' desire for durable items is more volatile, or that it varies greatly, is because they are used for relatively long periods of time.
The price elasticity of demand for durable goods is generally more elastic in the short run than in long run. 
Hence option a is the correct answer.

Correct Answer: OUA

Solution : Given:
AEI, EIO, IOU, ?

Vowels are replaced with immediate next vowels according to the English alphabetical series and the order is –
A, E, I, O, U
AEI → The immediate next vowel of A is E, the Immediate next vowel of E is I, and the immediate next vowel of I is O → EIO
EIO → The immediate next vowel of E is I, the Immediate next vowel of I is O, and the immediate next vowel of O is U → IOU
IOU → The immediate next vowel of I is O, the Immediate next vowel of O is U, and the immediate next vowel of U is A → OUA

So, the required missing term in the series is OUA. Hence, the third option is correct.

Hello student,

MHT CET is a state level exam for Maharashtra colleges. However, JEE is a national level exam and opens up your opportunity for college admissions all over the country.

JEE gives you the advantage to get admissions into top NITs, IIITs, and GFTIs, whereas MHT CET gives you admission to the participating colleges of Maharashtra state.

I suggest that you can attempt both the exams if you want, however, you must remember that JEE scores have a higher weightage and are more widely accepted, so you won't be limited to any state.

If you need any information regarding which colleges you would be eligible for based on your marks and details, then you can refer to the Careers360 JEE Main College Predictor: https://engineering.careers360.com/jee-main-college-predictor?