Questions

Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Recklessly extravagant or wasteful in the use of resources

 

A) Profligate B) Churlish
C) Harpy D) Hoarder
 
Answer & Explanation Answer: A) Profligate

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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.

 

It is obviously wrong as the cost of school uniform, books and stationery, and transport, ________ all are under the monopoly of the school, are not included. ______________ private schools want additional money for special occasions like festivals, picnics, ______________ and projects. And they often recommend tuition for the children. None of this ______________ in this cost calculation. However, the family __________ this burden and these items add significantly to the revenue of private schools.

 

books and stationery, and transport, ________ all are under the monopoly of the school, are not included.

 

A) that B) those
C) which D) when
 
Answer & Explanation Answer: C) which

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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.

 

But representatives have cynically chosen to look the other _________________ when matters of justice are involved. They seem to have only a will to power; to be part of a new ___________________ elite. _________________ they forget that the history of struggle is the future of struggle. Maoism is one extreme ____________________ struggle ___________________ corrupt appropriative and greedy elites; there are others.

 

Maoism is one extreme ____________________ struggle

 

A) size B) form of
C) sample D) paragon
 
Answer & Explanation Answer: B) form of

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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.

 

Indian corporates are _______________ influenced by the American style of management, including ______________ practices. The recent episodes in a couple of big and reputed corporates in India are prompting many to re-think the kind of compensation strategy that would be __________ for Indian corporates. Should it be more socialistic, as prevalent in Scandinavian, some European and Japanese companies? _______________ there be some law to govern the salary differentials? __________should different functions such as Finance be remunerated substantially higher for equivalent educational degree holders and similar efforts by individuals in other functions?

 

that would be __________ for Indian corporates.

 

 

A) ideally B) ideals
C) ideal D) idealism
 
Answer & Explanation Answer: C) ideal

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Q:

Which Indian-American is the chairman of the prestigious Federal Communications Commission (FCC) of the United States as of March 2018?

A) Neomi Rao B) Seema Verma
C) Ajit Pai D) Neil Chatterjee
 
Answer & Explanation Answer: C) Ajit Pai

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Q:

Full employment is the level at which there is _____.

A) no frictional unemployment B) no cyclical unemployment
C) no structural unemployment D) no unemployment
 
Answer & Explanation Answer: B) no cyclical unemployment

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Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note B) Usance Promissory Note
C) Demand Promissory Note D) Both a & b
 
Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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Q:

___________ is an alternative way of representing the production function.

A) The Short Run B) The Long Run
C) Isoquant D) Average product
 
Answer & Explanation Answer: C) Isoquant

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