Questions

Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.


Namita is from the state of Kerala. She has come to Dubai to serve as a governess for the only child of the Nairs. The Nairs are nice and gentle and Namita has no cause to complain. One day she overhears something that makes her jittery. Mr. Nair is not employed in an American company as she has been told. The nature of his business is illegal. She is shocked and wants to go back to her home town to her own people.

Gopal is from a very poor family. His family owns a very small piece of land that can hardly meet their food requirement. One day, Gopal gets a nice offer to work in the Emirates with a construction contractor. In order to meet the expenses on travelling, the family decides to sell their own land and send Gopal to the foreign country, to make money. On arrival, the contractor confiscates Gopal's passport and gives him a small place to live in with ten others like him. Gopal has little idea what he must do.


Namita and Gopal are in a similar situation, because they

A) love their families B) are happy with their situations
C) are from impoverished families D) are stranded in a foreign country
 
Answer & Explanation Answer: D) are stranded in a foreign country

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Q:

Which of the following is used in the preparation of tincture iodine, cough syrup and many tonics?

A) Methanol B) Ethanoic acid
C) Acetic acid D) Ethanol
 
Answer & Explanation Answer: D) Ethanol

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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

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Q:

Which  one  of  the  following  indices  is  now used  by  the  Reserve  Bank  of  India  to measure the rate of inflation in India?

A) NASDAQ Index B) BSE Index
C) Consumer Price Index D) Wholesale Price Index
 
Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The  Wholesale  Price  Index  (WPI) was  main  index  for  measurement of  inflation  in  India  till  April  2014 when  RBI  adopted  new  Consumer Price   Index   (CPI)   as   the   key measure of inflation.

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Q:

If cash reserve ratio decreases, credit creation will _______.

A) increase B) decrease
C) does not change D) first decreases than increases
 
Answer & Explanation Answer: A) increase

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Q:

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

A) Monthly B) Half-yearly
C) Quarterly D) Bi-Monthly
 
Answer & Explanation Answer: C) Quarterly

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Q:

In each of the questions, four alternatives are given for the Idiom/Phrase. Choose the alternative which best expresses the meaning of the Idiom/Phrase
and click the button corresponding to it.
Turned down

A) Subject B) Object
C) Reject D) Deject
 
Answer & Explanation Answer: C) Reject

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