Questions

Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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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’.

Critics of television often (1)/ focus on the prevalent of (2)/ violence in today’s programmes. (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, 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.

My friend said to me, "I am willing to help you on a condition."

A) My friend said to me that he is willing to help me on a condition. B) My friend said to me that he has had been willing to help me on a condition.
C) My friend said to me that he has been willing to help me on a condition. D) My friend said to me that he was willing to help me on a condition.
 
Answer & Explanation Answer: D) My friend said to me that he was willing to help me on a condition.

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Q:

In the following passage some of the words have been left out. Read the passage carefully and choose the correct answer for the given blank out of the four alternatives.

 


The conditions ______ which democracy can _______ are _______ to ________ ; but one thing is _______ that democracy is always a slow growth, whereas dictators may _____ to ______ and _______ a new _______ with dramatic success, under _______ conditions.

 


but one thing is _______ that democracy is always a slow growth,

 

A) stated B) dictated
C) clear D) hazy
 
Answer & Explanation Answer: C) clear

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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.

Most __________________ of all to the rambler on avian lore intent is the fact that there are many species and genera that are peculiar to the West, and ______________ new to him, keeping him constantly on the 'qui vive'. _____________ Colorado you will look in vain for the common blue jay, so abundant in all parts of the East; but you will be more _______________ compensated by the presence of seven other species _____________ the jay household.


but you will be more _______________ compensated

A) then B) that
C) than D) this
 
Answer & Explanation Answer: C) than

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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 was so much overwhelmed with her (1)/ sons’ devotion and affection that she (2)/ did distributed all her wealth and property among them. (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 question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.
Get up on the wrong side of the bed

A) Make a wrong decision and regret it for the rest of the life B) Start the day in a bad mood, which continues all day long
C) Have a sleepless night especially due to worries D) Suffer an uncomfortable stay at an unfamiliar place
 
Answer & Explanation Answer: B) Start the day in a bad mood, which continues all day long

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