Questions

Q:

For a price taking firm, average revenue is ______ market price.

A) half of B) equal to
C) double of D) less than
 
Answer & Explanation Answer: B) equal to

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Q:

The consumption schedule is such that

A) the MPC and the APC must be equal at all levels of income. B) the APC is constant and the MPC declines as income rises.
C) both the APC and the MPC increase as income rises. D) the MPC is constant and the APC declines as income rises.
 
Answer & Explanation Answer: D) the MPC is constant and the APC declines as income rises.

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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 fourand indicate it by selecting the appropriate option.

I ______ not attend the party

A) probably be B) will be
C) won’t D) shall
 
Answer & Explanation Answer: D) shall

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options


P: Very seldom do we actually go out and do something, which is beneficial to the society without thinking of our own side benefit of it.
Q: This is something that we have been falling short of.
R: Every society must develop in its people a social responsibility.
S: We are very individualistic and don’t relate ourselves to our society as such.

A) RQSP B) QRSP
C) QSRP D) QPRS
 
Answer & Explanation Answer: A) RQSP

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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 a sentence is free from error, select 'No error'.
Inspite of the doctor's stern warning (1)/ Latika continued taking (2)/ sugars in her milk. (3)/ No Error (4)

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

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Q:

On 9 January 2018, the Companies (Amendment) Act, 2017 amended some provisions of ______.

A) Companies Act, 1956 B) Companies Act, 2011
C) Companies Act, 2013 D) Companies Act, 2014
 
Answer & Explanation Answer: C) Companies Act, 2013

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Q:

India's longest bridge over a river in Northeast will be completed by 2026-27 and it will ne connected to which two states?

A) Assam & Meghalaya B) Manipur & Mizoram
C) Assam & Tripura D) Manipur & Assam
 
Answer & Explanation Answer: A) Assam & Meghalaya

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Q:

On 10 April 2017, Lok Sabha Passed the Motor Vehicles Act (Amendment) Bill, 2016. Under the new provisions, government will develop a scheme forcashless treatment of road accident victims during ______.

A) Silver hour B) Platinum hour
C) Diamond hour D) Golden hour
 
Answer & Explanation Answer: D) Golden hour

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