Questions

Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No error'.
Inspite of the doctor's stern warning (1)/ Latika continued taking (2)/ sugars in her milk. (3)/ No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax B) Indirect tax
C) Straight tax D) Advance tax
 
Answer & Explanation Answer: A) Direct tax

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Filed Under: Indian Economy
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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

Dinesh has been (1)/ absence from (2)/ school since last month. (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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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.

 

A bad patch

 

A) A potholed road B) A medical bandage
C) A period of difficulty D) Shoddy repair work
 
Answer & Explanation Answer: C) A period of difficulty

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers.

 


What does not seem as not good or normal in the context of this essay?

 

A) the new interest in free market B) being captivated by spell of the free market
C) that which does not accord with the requirement of the free market D) the economists who are captivated by the free market
 
Answer & Explanation Answer: C) that which does not accord with the requirement of the free market

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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 groom said to the bride, "I will take good care of you."

 

A) The groom promised the bride that he would take good care of her. B) The groom has promised the bride that he will be taking good care of her.
C) The groom had promised the bride that he would have taken good care of her. D) The groom promises the bride that he would take good care of her.
 
Answer & Explanation Answer: A) The groom promised the bride that he would take good care of her.

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'

 

She has a (1)/ kind eyes (2)/ with a beautiful face. (3)/ No error (4)

 

A) 1   B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1  

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