Questions

Q:

In which of the following market forms, a firm does not exercise control over price?

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

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Q:

Earnings per share are calculated by dividing

A) (net income less preferred stock dividends) by average common shares outstanding. B) gross profit by average common shares outstanding.
C) net sales by average common shares outstanding. D) net income by average common shares outstanding.
 
Answer & Explanation Answer: A) (net income less preferred stock dividends) by average common shares outstanding.

Explanation:
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Q:

Kind of cell that does not have a nucleus

A) Eukaryotes B) Prokaryotes
C) Erthrocytes D) Platelets
 
Answer & Explanation Answer: B) Prokaryotes

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) One of the most interesting feature of travel in Himachal Pradesh is B) is the large number of travellers’ lodges
C) provided by the State Government. D) No error
 
Answer & Explanation Answer: A) One of the most interesting feature of travel in Himachal Pradesh is

Explanation:

The error is in first part. ‘One of the’ should always be followed by a plural noun, expressing that the speaker chooses one from many. Hence ‘features of travel’ is the correct expression, indicating that there are many interesting features about Himachal Pradesh but the most interesting one among them is the provision of large number of travelers’ lodges.

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) I prefer B) this book
C) than that one. D) No error
 
Answer & Explanation Answer: C) than that one.

Explanation:

‘prefer’ is a verb that is always followed by the preposition ‘to’ expressing choice or preference over something else. In this case choice of ‘this book’ over the ‘other’ one. ‘Than’ is used for comparing to options, ‘prefer to’ expresses choice. Correct expression will be ‘to that one’.

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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’.

Many of us have striving to produce (1)/ a blend of all cultures that seem (2)/ today to be in clash with one another. (3)/ No error (4)

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

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Q:

Which among the following cannot be included among greenhouse gases?

A) Nitrous Oxide B) Carbon Dioxide
C) Methane D) Phosphine
 
Answer & Explanation Answer: D) Phosphine

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Q:

Goods  and  Services  Tax  likely  to  be  levied in India is not a

A) gross value tax B) value-added tax
C) consumption tax D) destination-based tax
 
Answer & Explanation Answer: A) gross value tax

Explanation:

GST  is  a  destination-based  tax,  it means   end   users   consuming   any goods or services is liable to pay the Goods  and  Services  Tax.  The  tax  is collected  by  the  State  in  which  the goods or services are consumed and not  by  the  state  in  which  goods  are manufactured    and    If    there    are exports,  the  seller  of  the  goods  or services  is  exempted  from  paying the tax. GST is a consumption-based tax,  it  means  the  state  where  the goods  were  consumed  will  receive GST   and   where   goods   were   sold should  not  get  any  taxes.GST  is  a value added tax as it is based on the increase  in  value  of  a  product  or service  at  each  stage  of  production or   distribution.GST   is   not   gross value tax.

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