Questions

Q:

____________ is the relationship between the variable input and output, keeping all other inputs are held constant.

A) Total product B) Average product
C) Isoquant D) The Long Run
 
Answer & Explanation Answer: A) Total product

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Q:

At the equilibrium price

A) quantity demanded is equal to quantity supplied B) quantity demanded is greater than quantity supplied
C) price elasticity of demand is unity D) elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: A) quantity demanded is equal to quantity supplied

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Easy come, easy go

 

A) if you forcibly tie up a person in a relationship that person will run away B) no matter what, one should never lose temper
C) every task is easy for a talented person D) something acquired without effort may be lost without regret
 
Answer & Explanation Answer: D) something acquired without effort may be lost without regret

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


____________________ some respects, this is unsurprising. Many of these laws do not have an _______________ political flavour. The rule against admitting _______________ evidence, for instance, is a result of simple good sense and a keen awareness of human ______________, independent of the relationship between the ruler and the ruled. The same ________________ for the laws of property and contract.


The same ________________ for the laws of property and contract.

 

 

A) comes B) goes
C) pushes D) pulls
 
Answer & Explanation Answer: B) goes

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

The very ___________________ of apologizing and forgiveness _________________ the importance of memory and the vitality of the community as a link between past, present and future. It ________________ the question of the responsibility ______________ the past and its injustices. Somehow for many politicians, the past is a different country for _________________ they have no responsibility.

 

the responsibility ______________ the past and its injustices.

 

A) of B) about
C) for D) to
 
Answer & Explanation Answer: C) for

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

The way criminal justice is designed and administered today _______________ serves any of the purposes for which it is set up: towards securing life and property. It does not ________________ criminals because of the delay and uncertainties involved in its processes and ridiculously ineffective punishments it imposes ____________________ those few who get convicted. It provides wide discretion to the police and the prosecution, __________________ the system vulnerable to corruption and manipulation and endangering basic ____________________ of innocent citizens.


it imposes ____________________ those few who get convicted.

 

A) of B) onto
C) over D) on
 
Answer & Explanation Answer: D) on

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Q:

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives.

 

I had seen this road many years ago when my parents moved to Mundakotukurussi, our ancestral village. However, in those early years, I hadn't begun exploring the countryside. I stored the unknown road in my head under 'One Day I Will'. Ten years ago, when I recovered from a herniated disc, it was to discover that I had a useless left leg. Though I managed to lose the limp, I hated not being able to stride around as I used to. I needed a challenge to tell myself that I wasn't going to buckle to a creature called sciatica. Thus the 'One Day I Will' arrived. "Where does the road by the medical shop lead to?" I asked my parents while visiting them next. "Chalavara," they said. "It's not an easy road to walk on," my father added. "There are too many ups and downs." Chalavara was a superior grade of a village as compared to Mundakotukurussi, with a high school, a fine library, ATMs and several shops. But it also has two approach roads. The one I had chosen was a narrow back road used by the locals and that settled it for me. I needed to know for myself I could walk a road that wasn't going to be easy. And the next day, I would get up and walk that road again.

 

Where did the forefathers of the writer live?

 

A) Chalavara B) Bengaluru
C) Mundakotukurussi D) Out of India
 
Answer & Explanation Answer: C) Mundakotukurussi

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Choose a soft option

 

A) Choose a comfortable place to spend the night B) Target the weaker players to win the match
C) Do the thing that is easiest or least likely to cause trouble in a particular situation D) Always choose comfort over hardship
 
Answer & Explanation Answer: C) Do the thing that is easiest or least likely to cause trouble in a particular situation

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