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Test: Problem Solving- 1 - CUET Commerce MCQ


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13 Questions MCQ Test General Test Preparation for CUET - Test: Problem Solving- 1

Test: Problem Solving- 1 for CUET Commerce 2024 is part of General Test Preparation for CUET preparation. The Test: Problem Solving- 1 questions and answers have been prepared according to the CUET Commerce exam syllabus.The Test: Problem Solving- 1 MCQs are made for CUET Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Problem Solving- 1 below.
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Test: Problem Solving- 1 - Question 1

Alan has two more than twice as many chocolates as does Alice, and half as many chocolates as does Nadia. If Alice has ‘a’ number of chocolates, then in terms of ‘a’, how many chocolates do Alan, Alice and Nadia have?

Detailed Solution for Test: Problem Solving- 1 - Question 1

We know that Alice has 'a' chocolates. Alan has 2a+2 chocolates from the given statement in the question. Nadia has double the chocolates as Alan has, so she has 4a+4 chocolates.

Adding these, we get 4a+4+2a+2+a = 7a +6 . So ,Option (d) is correct.

Test: Problem Solving- 1 - Question 2

Milk needs to be thinned to a ratio of 3 parts milk to 2 parts water. The milk-man has by mistake added water so that he has 8 liters of milk which is half water and half milk. What must he add to make the proportions of the mixture correct?

Detailed Solution for Test: Problem Solving- 1 - Question 2

We note that the final ratio must be 3:2 for milk and water respectively. Now, according to given scenario in the question, we have eight liters of solution with 4 liters milk and 4 liters water, which makes it 2:2. In order to make it 3:2, we add 2 liters milk. This would make a total of 6 liters milk and 4 liters water i.e. 6:4 which can be simplified to 3:2.

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Test: Problem Solving- 1 - Question 3

Which of the following is not the objective of TRIPS?

Detailed Solution for Test: Problem Solving- 1 - Question 3
TRIPS objectives:

Reducing trade distortions and bottlenecks.
Promoting effective and adequate intellectual property rights (IPR) protection.
Ensuring that measures and procedures for enforcing intellectual property rights (IPR) do not become hurdles to legitimate commerce.
Provision on dispute settlement.
Thus, establishing barriers to international trade is not the objective of TRIPS.
Test: Problem Solving- 1 - Question 4
The use of trade barriers to protect a nation’s industries from foreign competition is called
Detailed Solution for Test: Problem Solving- 1 - Question 4
Protectionism is the use of trade barriers to protect a nation’s industries from foreign competition.
Test: Problem Solving- 1 - Question 5
Name the country which is NOT a member of The South Asian Free Trade Area (SAFTA).
Detailed Solution for Test: Problem Solving- 1 - Question 5
The South Asian Free Trade Area (SAFTA):

Member nations: Bangladesh, Maldives, Bhutan, Nepal, India, Pakistan, and Sri Lanka.
Aims at lowering trade tariffs on interregional trade.
Thus, Singapore is NOT a member of SAFTA.
Test: Problem Solving- 1 - Question 6
Which of the following constitutes India's major import item?
Detailed Solution for Test: Problem Solving- 1 - Question 6
India's major import item is Crude oil, accounting for around 22% of total imports.
Test: Problem Solving- 1 - Question 7
_______ is the process of rapid integration between countries
Detailed Solution for Test: Problem Solving- 1 - Question 7
Globalization is the process of rapid integration or interconnection between countries.
Test: Problem Solving- 1 - Question 8
Which of the following is not the objective of TRIPS?
Detailed Solution for Test: Problem Solving- 1 - Question 8
TRIPS objectives:

Reducing trade distortions and bottlenecks.
Promoting effective and adequate intellectual property rights (IPR) protection.
Ensuring that measures and procedures for enforcing intellectual property rights (IPR) do not become hurdles to legitimate commerce.
Provision on dispute settlement.
Thus, establishing barriers to international trade is not the objective of TRIPS.
Test: Problem Solving- 1 - Question 9
Name the country which is NOT a member of The South Asian Free Trade Area (SAFTA).
Detailed Solution for Test: Problem Solving- 1 - Question 9
The South Asian Free Trade Area (SAFTA):

Member nations: Bangladesh, Maldives, Bhutan, Nepal, India, Pakistan, and Sri Lanka.
Aims at lowering trade tariffs on interregional trade.
Thus, Singapore is NOT a member of SAFTA.
Test: Problem Solving- 1 - Question 10
Which of the following constitutes India's major import item?
Detailed Solution for Test: Problem Solving- 1 - Question 10
India's major import item is Crude oil, accounting for around 22% of total imports.
Test: Problem Solving- 1 - Question 11
_______ is the process of rapid integration between countries
Detailed Solution for Test: Problem Solving- 1 - Question 11
Globalization is the process of rapid integration or interconnection between countries.
Test: Problem Solving- 1 - Question 12

A group wanted to renovate their club. Each member contributed an amount equal to twice the number of members in the club. But the government contributed same amount as the number of members. If each member had contributed the same amount as the number of members and the government had given an amount twice the number of members, then they would have Rs. 210 less. How many members are there?

Detailed Solution for Test: Problem Solving- 1 - Question 12

Test: Problem Solving- 1 - Question 13
The use of trade barriers to protect a nation’s industries from foreign competition is called
Detailed Solution for Test: Problem Solving- 1 - Question 13
Protectionism is the use of trade barriers to protect a nation’s industries from foreign competition.
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