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Vellore Institute of Technology, Vellore

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Question : Statement 1: Income effect is negative in case of inferior goods.

Statement 2: In case of inferior goods, fall in income leads to decrease in demand for the good.

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.

Team Careers360 18th Jan, 2024

Correct Answer: Statement 1 is true, and statement 2 is false.


Solution : The correct answer is (C) Statement 1 is true, and statement 2 is false.

Statement 1 is true. The income effect refers to the change in quantity demanded of a good in response to a change in

14 Views

Question : Directions: Correct the following equation by interchanging the two signs and two numbers.
7 × 6 + 5 – 4 = 33

Option 1: –, ×, and 4, 5

Option 2: ×, +, and 4, 5

Option 3: +, –, and 5, 6

Option 4: ×, –, and 5, 6

Team Careers360 20th Jan, 2024

Correct Answer: +, –, and 5, 6


Solution : Given:
7 × 6 + 5 – 4 = 33

Let's check the options –
First option: –, ×, and 4, 5
⇒ 7 – 6 + 4 × 5 = 33
On solving the L.H.S. of the equation –
=

36 Views

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.

Team Careers360 15th Jan, 2024

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.

70 Views

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

Team Careers360 24th Jan, 2024

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

18 Views

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.

Team Careers360 10th Jan, 2024

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: "

11 Views

Question : Which of the following is a neighbouring country of India?

Option 1: Australia

Option 2: Iran

Option 3: Russia

Option 4: Maldives

Team Careers360 10th Jan, 2024

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

20 Views

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

Team Careers360 25th Jan, 2024

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

96 Views

I want to take a partial drop from VIT Bhopal. Is it possible to get my TC back without paying the complete tuition fee of four years and join any other university?

Tanya Gupta 24th Jan, 2024

Hello,


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

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