Questions

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 written word is necessarily confined _________ the things of the understanding because only the understanding has written language; whereas art deals ___________ ideas of a different mental texture, which words can only vaguely ____________. However, there are a large number of people who, _____________ they cannot be said to have experienced in a full sense any works of art, have undoubtedly the impelling desire which a little direction may lead on to a fuller ____________. And it is to such that books on art are useful.

 

whereas art deals ___________ ideas of a different

 

A) if B) for
C) each D) with
 
Answer & Explanation Answer: D) with

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Q:

A sentence has been given in Active/Passive Voice. Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.

 

The fans invited the cricketer.

 

A) The cricketer was invited by the fans B) The cricketer received an invitation by the fans
C) The cricketer is invited by the fans D) The cricketer was invite by the fans
 
Answer & Explanation Answer: A) The cricketer was invited by the fans

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Absolve someone from blame for a fault or wrongdoing

 

A) Indict   B) Exonerate
C) Allege   D) Slur
 
Answer & Explanation Answer: B) Exonerate

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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

 

A) circummventing B) circumvanting
C) circumventing D)  circummvanting
 
Answer & Explanation Answer: C) circumventing

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Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist. B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole. D) The life insurance industry has been destroyed by high and uncertain inflation as well.
 
Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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Q:

Goods  and  Services  Tax  likely  to  be  levied in India is not a

A) gross value tax B) value-added tax
C) consumption tax D) destination-based tax
 
Answer & Explanation Answer: A) gross value tax

Explanation:

GST  is  a  destination-based  tax,  it means   end   users   consuming   any goods or services is liable to pay the Goods  and  Services  Tax.  The  tax  is collected  by  the  State  in  which  the goods or services are consumed and not  by  the  state  in  which  goods  are manufactured    and    If    there    are exports,  the  seller  of  the  goods  or services  is  exempted  from  paying the tax. GST is a consumption-based tax,  it  means  the  state  where  the goods  were  consumed  will  receive GST   and   where   goods   were   sold should  not  get  any  taxes.GST  is  a value added tax as it is based on the increase  in  value  of  a  product  or service  at  each  stage  of  production or   distribution.GST   is   not   gross value tax.

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Q:

Bilateral monopoly situation is

A) when there are only two sellers of a product B) when there are only two buyers of a product
C) when there is only one buyer and one seller of a product D) when there are two buyers and two sellers of a product
 
Answer & Explanation Answer: C) when there is only one buyer and one seller of a product

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Q:

‘Capital gains’ refers to goods which

A) serve as a source of raising further capital B) help in the further production of goods
C) directly go into the satisfaction of human wants D) find multiple uses
 
Answer & Explanation Answer: B) help in the further production of goods

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