Questions

Q:

For a price taking firm, average revenue is ______ market price.

A) half of B) equal to
C) double of D) less than
 
Answer & Explanation Answer: B) equal to

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Filed Under: Indian Economy
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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax B) Indirect tax
C) Straight tax D) Advance tax
 
Answer & Explanation Answer: A) Direct tax

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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market D) Raising and lowering the foreign exchange rate
 
Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Filed Under: Indian Economy
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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'.
Rohit is two year (1)/ junior than Mukesh (2)/ in the office. (3)/ No Error (4)

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

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Filed Under: English
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Q:

To release wages under the Mahatma Gandhi National RuralEmployment Guarantee Scheme direct and faster, anelectronic fund management system has been launched by____________.

A) State Bank of Hyderabad B) State Bank of Travancore
C) State Bank of India D) Orien tal Bank Corporation
 
Answer & Explanation Answer: B) State Bank of Travancore

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Filed Under: General Awareness
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Q:

The centre of the reflecting surface of a spherical mirror is a point called the ___.

A) pole B) focus
C) radius D) aperature
 
Answer & Explanation Answer: A) pole

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Filed Under: Physics
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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.

 

The very ___________________ of apologizing and forgiveness _________________ the importance of memory and the vitality of the community as a link between past, present and future. It ________________ the question of the responsibility ______________ the past and its injustices. Somehow for many politicians, the past is a different country for _________________ they have no responsibility.

 

It ________________ the question

 

A) hikes B) raises
C) ups D) boosts
 
Answer & Explanation Answer: B) raises

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Filed Under: English
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