Questions

Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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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’.
If you had (1)/ told me earlier (2)/ I will help you. (3)/ No Error (4)

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

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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.


Democracy should _____ dignity of the individual. It should also aim at the _____ good of the greatest _____. The opposition party should _____ the wrong plans,
policies and decisions of the government in power. The government should cater to the _____ needs of the people to make its position solid.


of the greatest _____. The opposition party

A) people B) digit
C) number D)  individual
 
Answer & Explanation Answer: C) number

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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'.
The reason Priya was late (1)/ to the meeting is because her (2)/ flight was delayed. (3)/ No Error (4)

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

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Q:

On which river is the city Madurai situated?

A) Cooum B) Kaveri
C) Vaigai D) Pennar
 
Answer & Explanation Answer: C) Vaigai

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Q:

The pH value increase from 7 to 14 represents a

A) decrease in H+ ion concentration B) decrease in OH- ion concentration
C) increase in OH- ion concentration D) increase in H+ ion concentration
 
Answer & Explanation Answer: C) increase in OH- ion concentration

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Q:

Name the first Indian to get Nobel prize in economics.

A) Amartya Sen B) C V Raman
C) Mihir Sen D) Arun Shourie
 
Answer & Explanation Answer: A) Amartya Sen

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Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production D) the market value of the annual output net of consumption of fixed capital
 
Answer & Explanation Answer: A) income received by households less personal taxes

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