Questions

Q:

Which Constitutional Amendment Act gave constitutional recognition to the panchayats?

A) 72nd Constitutional Amendment Act B) 73rd Constitutional Amendment Act
C) 74th Constitutional Amendment Act D) 75th Constitutional Amendment Act
 
Answer & Explanation Answer: B) 73rd Constitutional Amendment Act

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Q:

On 28 July 2017, Lok Sabha passed Indian Institutes of Management (IIM) Bill, 2017. The Bill has a provision to place the Annual report of the IIM’s in the parliament and auditing of their accounts by ______.

 

A) Chief Economic Adviser B) Economic Affairs Secretary
C) Comptroller and Auditor General D) Attorney General
 
Answer & Explanation Answer: C) Comptroller and Auditor General

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Q:

In which of the following market forms, a firm does not exercise control over price?

A) Monopoly B) Perfect competition
C) Oligopoly D) Monopolistic competition
 
Answer & Explanation Answer: B) Perfect competition

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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45 B) 0.55
C) 2 D)  1.25
 
Answer & Explanation Answer: B) 0.55

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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:

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 andindicate it by selecting the appropriate option.

The employee did not _____ to the argument of the manager.

A) precede B) exceed
C) concede D) recede
 
Answer & Explanation Answer: C) concede

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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the buttoncorresponding to it. If the sentence is free from error, click the "No error" option.

There was a (A)/ comparison between (B)/ you and he (C)/ no error (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: C) C

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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 four and indicate it byselecting the appropriate option.

Meera cannot ______ the exam's results.

A) depict B) await
C) envision D) observe
 
Answer & Explanation Answer: B) await

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