Questions

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.

 

We also need to work towards a re-engineering of procedures. It __________________ that fear of being scrutinised by the office of the Central Vigilance Commissioner has _________________ loan officers in the public sector into inaction. It is _______________ no use having a publicly-owned banking ___________ that does not extend credit to sound projects on grounds of __________________ scrutiny.

 

Central Vigilance Commissioner has _________________ loan officers in the public sector into inaction.

 

A) encouraged B) emboldened
C) petrified D) energized
 
Answer & Explanation Answer: C) petrified

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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:

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.
I have been _____ this problem since noon.

A) working into B) working on
C) working for D) with after
 
Answer & Explanation Answer: B) working on

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Q:

Grand Anicut Canal system, is located in which state?

A) Tamil Nadu B) Madhya Pradesh
C) Telangana D) Andhra Pradesh
 
Answer & Explanation Answer: A) Tamil Nadu

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Q:

An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

A) same B) higher
C) lower D) minimum
 
Answer & Explanation Answer: A) same

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Q:

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

A) Deflation B) Stagflation
C) Recession D) Depression
 
Answer & Explanation Answer: B) Stagflation

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Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units B) 4500 units
C) 10500 units D) 6000 units
 
Answer & Explanation Answer: D) 6000 units

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Q:

Which of the following is used to get relief when you have been stung by a honeybee?

A) Common salt B) Baking soda
C) Acetic acid D) Washing soda
 
Answer & Explanation Answer: B) Baking soda

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