Questions

Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Q:

The __________ exchange rate is the price of one unit of foreign currency in terms of domestic currency.

A) Artificial B) Nominal
C) Fixed D) Real
 
Answer & Explanation Answer: B) Nominal

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Q:

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

 

A) 5%   B) 10%  
C) 3%   D) 8%
 
Answer & Explanation Answer: C) 3%  

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Q:

In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase.

The prisoners broke out of jail when the guards weren’t looking

A) Raised B) Surrenderd
C) Escaped D) Perpetuated
 
Answer & Explanation Answer: C) Escaped

Explanation:

A forcible escape from a prison is called a breakout. The correct answer is option 3. Perpetuate means to preserve or continue. Hence option 3 is the correct response.

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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 asentence is free from error, select 'No Error'.

Internet Service Providers (ISPs) should provide us (1)/ with open networks and should not block or discriminate for (2)/ any application or content that rides overthose networks. (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 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.


My tooth-brush is a thing that haunts me when I’m travelling, and ____________ my life a misery. I _____________ that I haven’t packed it, and wake up in a cold ________________, and get out of bed and hunt for it. And, in the morning, I pack it before I have used it, and have to unpack again to get it, and it is always the last thing I turn out of the bag; and _____________ I repack and forget it, and have to rush upstairs ___________ it at the last moment and carry it to the railway station, wrapped up in my pocket-handkerchief. Of course I had to turn every mortal thing out now, and, of course, I could not find it.


I _____________ that I haven’t packed it,

A) dream B) dreams
C) dreaming D) dreamer
 
Answer & Explanation Answer: A) dream

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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.

 

Photography is the _____________ we can get to stopping time. The camera is our pause button, the cork we use to stop time from running out. And the photo album is the most potent time machine ever ____________, one that transports you to a curated past where everything exists ________ you choose to remember it,one that lets you revisit ________ just people and places and ages, but the hidden crannies of ________ own memory and the strange landscape of emotions that lies beyond.

 

but the hidden crannies of ________ own memory and

A) your B) you
C) yourself D) yourselves
 
Answer & Explanation Answer: C) yourself

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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.


Restorative justice is _______________ from mediation though it involves meetings and dialogues to fix responsibility for wrongdoing and to find a solution acceptable to ______________ three parties. More importantly, it directly addresses victim needs and ________________ emphasises the private dimensions of a public wrong. It is not a substitute _______________ the formal criminal justice system, but a good backup to reduce its workload and to increase the sense of justice in the system as a __________________.


to find a solution acceptable to ______________ three parties.

A) all B) entire
C) full D) complete
 
Answer & Explanation Answer: A) all

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