Vellore Institute of Technology, Vellore
Question : Statement 1: If a good is a luxury, its demand is generally elastic.
Statement 2: Luxury goods tend to have more substitutes, making consumers more responsive to changes in price.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, and statement 2 is false.
Option 4: Statement 1 is false, and statement 2 is true.
Correct Answer: Both statements are true.
Solution : The correct answer is (A) Both statements are true.
Statement 1: If a good is a luxury, its demand is generally elastic. This statement is true. Luxury goods are often associated with higher income levels and are considered non-essential or discretionary purchases.
Question : Who among the following received the MS Subbulakshmi Award from the Tamil Nadu Eyal Isai Nataka Manram for the year 2020?
Option 1: Harini
Option 2: Vani Jairam
Option 3: L.R.Eswari
Option 4: Saindhavi
Correct Answer: Vani Jairam
Solution : The Correct Option is Vani Jairam
Vani Jairam was named the recipient of the 2020 "M.S. Subbulakshmi Award" by the Tamil Nadu Eyal Isai Nataka Manram. This honor, which bears the name of the renowned Indian classical vocalist M.S. Subbulakshmi, is given to people
Question : Choose a sentence with no spelling errors.
Option 1: Many input devises perfrom specific functions.
Option 2: Many input devices perform specific functins.
Option 3: Many input devices perfrpm specfic functions.
Option 4: Many input devices perform specific functions.
Correct Answer: Many input devices perform specific functions.
Solution : The correct answer is the fourth option.
Many input devices perform specific functions.
This sentence is correct with no spelling errors. It accurately uses the correct spellings for devices, perform, and specific.
.Therefore, the correct sentence is: "
Question : Which of the following is a neighbouring country of India?
Option 1: Australia
Option 2: Iran
Option 3: Russia
Option 4: Maldives
Correct Answer: Maldives
Solution : The correct answer is Maldives.
Maldives is a neighbouring island country of India. It is located in the Indian Ocean. Tourism is the mainstay of the Maldivian economy. India provides many training opportunities for the Maldivian National Defence Force(MDNF), meeting around 70% of
Question : Census of population in India is done after every
Option 1: 10 years
Option 2: 05 years
Option 3: 07 years
Option 4: 02 years
Correct Answer: 10 years
Solution : The correct answer is 10 years.
First Decennial census of India was conducted in 1881 under the Viceroy Lord Mayo and Governor Lord Ripon. Since then census is conducted every 10 years. Since 1949 the responsibility of conducting census lies with Office of Registrar
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VIT only allows students who have been selected in central government exams like the Indian Air Force or Naval Forces exams to leave their institution without paying the 4 years dee. They would give you your original certificates within 1 to 2 weeks, but they would first ask you
Question : On firm dissolution, which one of the following accounts should be prepared at the last?
Option 1: Realization account
Option 2: Partner's capital account
Option 3: Partner's loan account
Option 4: Cash account
Correct Answer: Cash account
Solution : Answer = cash account The cash or bank account is prepared at last. The balance of the cash account and the receipts during the process of dissolution has to be equal to the payments to outsiders and partners. With the cash account, all the
Question : If the sides of a right-angled triangle are three consecutive integers, then the length of the smallest side is
Option 1: 3 units
Option 2: 2 units
Option 3: 4 units
Option 4: 5 units
Correct Answer: 3 units
Solution : Let one side of a right-angled triangle be $x$. Shortest side = $x-1$ Longest side = $x +1$ Since the three sides form a right-angled triangle. $(x+1)^2=(x-1)^2+x^2$ ⇒ $x^2+1+2x=x^2+1-2x+x^2$ ⇒ $x^2=4x$ ⇒$x=4$ Thus, shortest side = $x-1=4-1=3$ Hence, the correct answer is 3 units.
Question : If the total assets of a firm are Rs.24,00,000 and the total liabilities are Rs.4,80,000 what will be the capitals of P, Q and R if they share profits in the ratio of their capitals and the profit sharing ratio is 1: 2: 3?
Option 1: P 4,80,000; Q3,20,000; R 1,60,000
Option 2: P 3,20,000; Q 6,40,000; R 9,60,000
Option 3: P 2,00,000; Q 4,00,000; R 6,00,000
Option 4: P 6,00,000; Q 4,00,000; R 2,00,000
Correct Answer: P 3,20,000; Q 6,40,000; R 9,60,000
Solution : Answer = P 3,20,000; Q 6,40,000; R 9,60,000
Hence, the correct option is 2.
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