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Question : Which of the following statements is correct regarding the features of a perfectly competitive market?
I. The market consists of a large number of buyers and sellers.
II. Information is perfect.

Option 1: Only I

Option 2: Neither I nor II

Option 3: Both I and II

Option 4: Only II

Team Careers360 20th Jan, 2024

Correct Answer: Both I and II


Solution : The correct answer is Both I and II.

In a perfectly competitive market, there are many sellers, and there is easy entry and exit of firms and homogeneous products. In a competitive market, no single consumer or producer has the

418 Views

Question : Directions: Select the option that is related to the fifth term in the same way as the second term is related to the first term and the fourth term is related to the third term.
20 : 1200 :: 28 : 2352 :: 50 : ?

Option 1: 7250

Option 2: 7500

Option 3: 7000

Option 4: 7550

Team Careers360 18th Jan, 2024

Correct Answer: 7500


Solution : Given:
20 : 1200 :: 28 : 2352 :: 50 : ?

Find the square of the first number and then multiply by 3 to obtain the second number.
Like, (20 : 1200)→(20)× 3 = 400 × 3 = 1200
And, (28 :

68 Views

Question : Select the most appropriate meaning of the underlined idiom.

We've sent a very strong protest letter. That should make them sit up and take notice.

Option 1: Follow

Option 2: Attend

Option 3: Observe

Option 4: Consider

Team Careers360 25th Jan, 2024

Correct Answer: Consider


Solution : The fourth option is the correct answer.

The idiom "make them sit up and take notice" means to cause someone to pay attention or take something seriously. In this context, sending a strong protest letter is expected to make the recipients consider the issue seriously;

10 Views

Question : if $a-b=3$ and $a^3-b^3=117$, then $|a+b|$ is equal to:

Option 1: 3

Option 2: 5

Option 3: 7

Option 4: 9

Team Careers360 22nd Jan, 2024

Correct Answer: 7


Solution : Given:
a – b = 3
a– b3 = 117
We know,
a– b3 = (a – b)+ 3ab(a – b)
⇒ 117 = 27 + 3ab(3)
⇒ 9ab = 117 – 27
⇒ 9ab = 90

15 Views

Question : Directions: Select the figure from among the given options that can replace the question mark (?) in the following series.

Option 1:

Option 2:

Option 3:

Option 4:

Team Careers360 18th Jan, 2024

Correct Answer:


Solution : In the given figure, follow the directions to find the next term –

In Box 1, there are two letters, A and B, placed diagonally. A is in the southwest, while B is in the northeast. There is a square at the centre of the box,

16 Views

Question : Directions: Select the correct mirror image of the given combination when the mirror is placed at line MN as shown.

Option 1:

Option 2:

Option 3:

Option 4:

Team Careers360 20th Jan, 2024

Correct Answer:


Solution : As per the mirror image properties, closer things appear close to the mirror in the reflection.
Here, according to the information provided, the mirror is placed on the right side of the figure (on line MN). So, the left side of the reflected image will appear

14 Views

Question : On a shelf, books with white covers and those with orange covers are in the ratio 12 : 21. If there are 945 books with orange covers, then the number of books with white covers is:

Option 1: 645

Option 2: 540

Option 3: 1485

Option 4: 840

Team Careers360 23rd Jan, 2024

Correct Answer: 540


Solution : Since the ratio of white covers and orange covers is 12 : 21.
⇒ $\frac{\text{Number of books with white covers}}{\text{Number of books with orange covers}} = \frac{12}{21}$
⇒ $\frac{\text{Number of books with white covers}}{945} = \frac{12}{21}$
⇒ Number of books with white covers = $\frac{12}{21}$

16 Views

Question : A man alone can do a piece of work in 16 days, but with the help of his friend, he can do it in 8 days. In what time can his friend do it alone?

Option 1: 12 days

Option 2: 14 days

Option 3: 16 days

Option 4: 10 days

Team Careers360 17th Jan, 2024

Correct Answer: 16 days


Solution : Time taken by a man to do the work = 16 days
Part of done by the man in a day = $\frac{1}{16}$
Let $x$ be the time taken by the friend to do the work.
Part of work done by the friend in

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