Questions

Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word. Negotiate

A) Adjust B) Consult
C) Debate D) Remain
 
Answer & Explanation Answer: D) Remain

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
To give up a throne voluntarily

A) Archer B) Bigot
C) Abdicate D) Delegate
 
Answer & Explanation Answer: C) Abdicate

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Q:

In perfect competition a firm maximizes profit by _____.

A) setting price such that price is equal to or greater than its marginal costs B) setting output such that price equals average total costs
C) setting output such that price equals marginal costs D) setting price so that it is greater than marginal cost
 
Answer & Explanation Answer: C) setting output such that price equals marginal costs

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Q:

The APC can be defined as the fraction of a:

A) change in income that is not spent. B) change in income that is spent.
C) specific level of total income that is not consumed. D) specific level of total income that is consumed.
 
Answer & Explanation Answer: D) specific level of total income that is consumed.

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Q:

Graphical analysis of tariffs reveals that

A) they benefit domestic consumers at the expense of domestic producers. B) revenue gains outweigh the costs to domestic consumers.
C) they increase domestic production of the good for which imports face tariffs. D) although the benefits are not shared equally, everyone in the domestic economy benefits from tariffs
 
Answer & Explanation Answer: C) they increase domestic production of the good for which imports face tariffs.

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

The chess player moved his piece to a more _____________________ position, securing the win.

A) profitable B) auspicious
C) advantageous D) worthwhile
 
Answer & Explanation Answer: C) advantageous

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Q:

What does Section 124A of Indian Penal Code deal with?

A) Atrocity against women B) Sedition
C) Crime for demanding dowry D) Atrocity against SC / ST
 
Answer & Explanation Answer: B) Sedition

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Q:

What are gilt-edged securities?

A) Securities issued by the multinational companies. B) Securities issued by the Government
C) Securities issued by the private sector D) Securities issued by the joint venture companies
 
Answer & Explanation Answer: B) Securities issued by the Government

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