Question : Law of Demand is a: (a) Qualitative Statement (b) Quantitative Statement
Option 1: Only A
Option 2: Only B
Option 3: Both A and B
Option 4: None of the above
Correct Answer: Both A and B
Solution : The law of demand is not a quantitative law; rather, it is a qualitative one. This is due to the fact that it does not explicitly state how closely the amount demanded and the price relate to one another. As a result, we might say that the law of demand is a qualitative assertion.
Question : Statement 1:The object of enterpreneurship is law full business. Statement 2: Entrepreneurship has certain temperamental,skill and other knowledge and competency requirements that can be acquired.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Question : Which of the following statement is correct? Statement 1: Labeling is used as an ineffective sales promotional tool. Statement 2: Labelling is to provide statutory warning required by law.
Question : Which of the following statements are true?
Statement 1- Fines are former imposed to maintain law and order.
Statement 2- Fines are later impose to generate revenue.
Option 1: Both are true .
Option 4: Statement 2 is true and statement 1 is false.
Question : Second law of motion is also known as : (A) Law of Acceleration (B) Law of Inertia (C) Law of Reciprocal Action Force (D) Law of Momentum (E) Law of Gravity
Choose the correct answer from the options given below :
Option 1: (A), (B) and (C) only
Option 2: (A), (C) and (D) only
Option 3: (A) and (D) only
Option 4: (B), (C) and (D) only
Question : Which of the following statement is incorrect?
Option 1: Stock exchange provide liquidity and marketablity of new securities
Option 2: Stock exchange provides safety of transaction
Option 3: Stock exchange provides sufficient scope within the provision of law for speculative activity
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile