Questions

Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Q:

The demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient D) indicates that there is a direct relationship between quantity demanded and price
 
Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

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Q:

In the following question, a sentence has been given in Active/Passive Voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active Voice.

 

A police constable arrested the burglar just before dawn.

 

A) Just before dawn the burglar is arrested by a police constable. B) The burglar was arrested by a police constable just before dawn.
C) The burglar is arrested by a police constable just before dawn. D) A police constable was arrested by a burglar just before dawn.
 
Answer & Explanation Answer: B) The burglar was arrested by a police constable just before dawn.

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

Someone must (being) killed.

A) have been B) has been
C) been D) no improvement
 
Answer & Explanation Answer: A) have been

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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

Awareness means the capacity to see a coffee pot and hear the birds sing in one's own way, and not the way one was taught. It may be assumed on good grounds that seeing and hearing have a different quality for infants than for grownups and that they are more aesthetic and less intellectual in the first years of life. A little boy sees and hears birds with delight. Then the 'good father' comes along and feels he should 'share' the experience and help his son 'develop'. He says, "That's a jay and this is a sparrow." The moment the little boy is concerned with which is a jay and which is a sparrow, he can no longer see the birds or hear them sing. He has to see and hear them the way his father wants him to. Father has good reasons on his side: since few people can afford to go through life listening to the birds sing, sooner the little boy starts his 'education' the better. Maybe he will be an ornithologist when he grows up.


How do children perceive things around them?

A) Aesthetically B) Intellectually
C) Emotionally D) Morally
 
Answer & Explanation Answer: A) Aesthetically

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Q:

A sentence has been given in Active/Passive Voice.  Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.

 

The rascal cheated him out of his money.

 

A) His money was cheated out by the rascal. B) He was cheated out of his money by the rascal.
C) He was cheated out of money by the rascal. D) Money was cheated by the rascal of him.
 
Answer & Explanation Answer: B) He was cheated out of his money by the rascal.

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

Environmental care (had slowly regressing) to the back of our daily requirements

 

A) is slowly regressing   B) were slowly regressing
C) are slowly regress D) no improvement
 
Answer & Explanation Answer: A) is slowly regressing  

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