Questions

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

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

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.

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)

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 itby selecting the appropriate option.

There are _____ books on computer science in your school library, so you need to purchase them from the market.

Each item consists of six sentences of a passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four sentences in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences and mark your response accordingly on the Answer Sheet.

S1 :We do not know, after 60 years of equation, how to protect ourselves against epidemics like cholera and plague.

S6 :This is the disastrous result of the system under which we are educated.

P :If our doctors could have started learning medicine at an earlier age, they would not make such a poor show as they do.

Q : I have seen hundreds of homes. I cannot say that I have found any evidence in them of knowledge of hygiene.

R : I consider it a very serious blot on the state of our education that our doctors have not found it possible to eradicate these diseases.

S :I have the greatest doubt whether our graduates know what one should do in case on is bitten by a snake.

The correct sequence should be

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select theappropriate option. If a sentence is free from error, select 'No Error'.

She was (1)/ quite amusing (2)/ at that story. (3)/ No error (4)

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?