Questions

Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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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:

___________________________ is an Indian Government Savings Bond, primarily used for small savings and income tax saving investments in India.

A) Provident Fund B) Life Insurance Policies
C) National Saving Certificate D) Long term government bonds
 
Answer & Explanation Answer: C) National Saving Certificate

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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.

 

Despite the bank's security staff ____________ a vigil over the treasury boxes, the cash was stolen.

 

A) putting B) placing
C) keeping D) taking
 
Answer & Explanation Answer: C) keeping

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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 current ______________ in global negotiations over climate change has stalled progress on the issue.

 

A) intransigence B) fallacy
C) stalemate D) rigidity
 
Answer & Explanation Answer: C) stalemate

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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.

 

It is ______ for all the students to follow the rules.

 

A) imperative   B) meant  
C) expected   D) abide
 
Answer & Explanation Answer: A) imperative  

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvementis needed, select "no improvement".

 

Certainly she (had been) under a lot of stress.

 

A) was been B) have been
C) had being D) no improvement
 
Answer & Explanation Answer: D) no improvement

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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.

 

Many persons of good education unconsciously circumscribe themselves ___________ a small vocabulary. They have a knowledge of hundreds of desirable wordswhich they do not put _________ practical use in their speech or writing. Many, too, are conscious __________ a poverty of language, which engenders in them a senseof timidity and self-___________. The method used for building a large vocabulary has __________ been confined to the study of single words.

 

timidity and self-___________. The method used

 

A) depreciate B) depreciated
C) depreciates D) depreciation
 
Answer & Explanation Answer: D) depreciation

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