Questions

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.

 

Faith is the only power that can inspire a human being who is in ______.

 

A) flair B) glair
C) stair D) despair
 
Answer & Explanation Answer: D) despair

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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.

 

Irony. __________________word captures our response to the ongoing nationwide drought in more ways than one. We have woken _________ the reality of drought a full six months after the end of monsoon. After waking up, we focus ____________ the drinking water __________ in urban centres and not the multidimensional crisis of life and livelihood in _______________ hinterland.

 

Irony. __________________word captures our response to the ongoing nationwide drought

 

A) This one B) That one
C) One D) A
 
Answer & Explanation Answer: A) This one

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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.

 

We now have a peculiar combination _______________ the economic policy of India: a declared attempt at fiscal consolidation, combined with a _________________ to do what it takes to raise tax revenues. This unfortunate ________________ has meant a squeeze _____________ Central government expenditures, and particularly those relating to social spending that directly ____________ most people in the country.

 

We now have a peculiar combination _______________ the economic policy of India

 

A) into B) in
C) of D) about
 
Answer & Explanation Answer: B) in

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: B) Production function

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Q:

A ___________ deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: A) Current Account

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Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores B) Rs 300 crores
C) Rs 60 crores D) Rs 250 crores
 
Answer & Explanation Answer: C) Rs 60 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. Ifa sentence is free from error, select 'No Error'.

My elder son deals with (1)/ spare parts and manages (2)/ his bread and butter. (3)/ No Error (4)

 

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

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