Questions

Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

A) (a) Pure competition, (b) Pure Monopoly B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Oligopoly D) (a) Monopolistic competition, (b) Oligopoly
 
Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Oligopoly

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Q:

If price of an article decreases from Rs. 25 to Rs. 20, quantity demanded increases from Q1 units to 1500 units. If point elasticity of demand is -1.25, find Q1?

A) 900 units B) 1200 units
C) 1800 units D) 2000 units
 
Answer & Explanation Answer: B) 1200 units

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.
The meeting was presided _____ by the Chairman.

A) over B) upon
C) of D) in
 
Answer & Explanation Answer: A) over

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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 scene will now shift to obtaining __________________ instruments of ratification to bring the agreement into force _________________ 2020, the first year of its________________ implementation. The agreement will enter into force with the ratification of ______________ 55 countries, whose aggregate greenhouse gas (GHG) emissions ________________ at least 55 per cent of global emissions.


whose aggregate greenhouse gas (GHG) emissions ________________ at least 55 per cent of global emissions.

A) established B) constitute
C) enact D) complement
 
Answer & Explanation Answer: B) constitute

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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.


A saint or a satyagrahi is often put on a ___________, freezing her acts of goodness in time. Goodness acquires an act of fixed quality __________ in amber. Rather than _____________ a living creature, a saint or an icon becomes a hoarding, a permanent spectacle or a redundant quotation. Saintliness or heroism becomes a bundle of pictures in a calendar, a statue __________ inflexibly. Goodness becomes a stencil fixed _________ time.


Goodness acquires an act of fixed quality __________ in amber.

A) ingrained B) impacted
C) embedded D) deep­seated
 
Answer & Explanation Answer: C) embedded

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

He has a ___________ interest in studying human psychology.

A) deep B) wide
C) vast D) heavy
 
Answer & Explanation Answer: A) deep

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Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question, choose the correct alternative and click the button corresponding to it.

What a _____ holiday!

A) momentous B) memorable
C) momentary D) immortal
 
Answer & Explanation Answer: B) memorable

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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".

I absolutely must (seen) him, however painful it may be for me.

A) saw B) seeing
C) see D) no improvement
 
Answer & Explanation Answer: C) see

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