Questions

Q:

What does the term 'Call Money' refer to?

A) A loan made for a very short period of a few days or aweek B) Student loans to help cover the cost of highereducation
C) Loans to allow consumers to buy homes they can'tpay for upfront D) Personal loans for any personal expenses which don'thave a designated purpose
 
Answer & Explanation Answer: A) A loan made for a very short period of a few days or aweek

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Indirect/Direct speech.
The manager said to the executive, "Today you will come along with me to meet the client."

A) The manager said to the executive this, that day he would have to go along with him to meet the client. B) The manager said to the executive that, that day he would have to go along with him to meet the client.
C) The manager said to the executive that, that day he will have to go along with him to meet the client. D) The manager said to the executive this, that day he will have to go along with him to meet the client.
 
Answer & Explanation Answer: B) The manager said to the executive that, that day he would have to go along with him to meet the client.

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Q:

Contraction of heart is also known as

A) Systole B) Aristotle
C) Diastole D) Lub
 
Answer & Explanation Answer: A) Systole

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Q:

An alloy is an example of

A) Colloidal solution B) Emulsion
C) Solid solution D) Heterogenous mixture
 
Answer & Explanation Answer: C) Solid solution

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
 
So we did get
A- to read a whole lot
B- this day onwards
C- on how we can save the sparrow from

A) ABC B) CBA
C) ACB D) CAB
 
Answer & Explanation Answer: C) ACB

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Q:

Which curve shows the inverse relationship between unemployment and inflation rates

A) Supply curve B) Indifference curve
C) IS curve D) Phillips curve
 
Answer & Explanation Answer: D) Phillips curve

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