Consider the following statements :
1. The demand for commodities having a large number of close
substitutes is less elastic than the commodities having a
smaller number of substitutes.
2. Luxury items have a highly elastic demand.
3. The commodities whose consumption cannot easily be
postponed have less elastic demand.
Which of these statements is/are correct?
(a) 1 only
(b) 2 and 3
(c) 1 and 2
(d) 1, 2 and 3
Consider the following statements in respect of Soccer World Cup : 1. Prior to FIFA-2002 Cup, Brazil had won the World Cup four times. 2. ?Indomitable Lions? is the nickname for Cameroon team. 3. ?Azzurri? is the nickname for the Italian team. 4. Senegal, Slovenia and Ecuador participating in FIFA-2002 are the only teams participating in the World Cup for the first time. Which of these statements are correct ? (a) 1, 2 and 3 (b) 2 and 3 (c) 1, 3 and 4 (d) 1, 2 and 4
Knesset is the name of the Parliament of (a) Norway (b) Sweden (c) Israel (d) Spain
Dhanvantari was (a) A famous General of Chandragupta Maurya (b) A noted physician in the court of Chandragupta Vikramaditya (c) A famous dramatist who lived during the time of Harsha (d) A musician in the Court of Ashoka
Recently, Government disinvested stake in VSNL, IBP and IPCL to (a) Bharti Telesonic, Reliance and GAIL, respectively (b) Tata Group of Industries, Indian Oil Corporation and Reliance, respectively (c) Bharti Telesonic, Royal Dutch Shell and Pfizer, respectively (d) Motorola, Kuwait petroleum and Ranbaxy, respectively
Consider the following statements : 1. Intel?s Pentium IV is an operating system used in PCs 2. During booting period of a PC, the operating system is first loaded. 3. Analogue computers are useful only in scientific field while digital computers have application in scientific as well as in business, administrative functions. 4. Micro-computer is another name for micro-processor. Which of these statements are correct ? (a) 1, 2, 3 and 4 (b) 2 and 3 (c) 1 and 4 (d) 1, 2 and 4
Two pipes ?A? and ?B? can fill a tank in 15 minutes and 20 minutes respectively. Both the pipes are opened together but after 4 minutes, pipe ?A? is turned off. What is the total time required to fill the tank ? (a) 10 mt 30 sec (b) 14 mt 40 sec (c) 10 mt 20 sec (d) 11 mt 45 sec
Among the four political parties listed below, which one was the last to be formed? a. The Conservative Party in Britain (Historical 1678, Modern 1912) b. The Democratic Party in U.S.A. (1828 (modern)[1] 1792 (historic)) c. The Republican Party in U.S.A. (1854) d. The Indian National Congress (1885)
Bacteria and viruses cause (a) Allergies (b) Non-communicable diseases (c) Degenerative diseases (d) Infectious diseases
Carbohydrates are stored in the body as (a) Sugars (b) Starch (c) Glucose (d) Glycogen
Stockholm Syndrome is a mental condition experienced by (a) The young persons who take up jobs in the industry after passing out from the Management Schools (b) Persons who migrate from rural areas to urban cities, during the earlier stages of their stay (c) Drug-addicts in the rehabilitation centers (d) Hostages and kidnap victims in which positive feelings develop towards their captors
A factory has three belt conveyors fitted in its loading station. Conveyors ?A? and ?B? operating simultaneously lift all the goods in the same time during which the goods can be lifted by the conveyor ?C? operating alone. Conveyor ?B? lifts all the goods five hours faster than the conveyor ?C?. The durations of time required to lift all the goods, individually by the conveyors ?A?, ?B? and ?C? are (a) 17, 12, 8 hrs. (b) 15, 10, 6 hrs. (c) 16, 11, 7 hrs. (d) 14, 9, 5 hrs.
Recently, Cannes Film Festival was held in (a) Switzerland (b) France (c) Italy (d) England