Questions

Q:

An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

A) same B) higher
C) lower D) minimum
 
Answer & Explanation Answer: A) same

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Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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Q:

First time which year the Railway Budget and the General Budget were presented separately?

A) 1923 B) 1947
C) 1952 D) 1977
 
Answer & Explanation Answer: A) 1923

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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 also need to work towards a re-engineering of procedures. It __________________ that fear of being scrutinised by the office of the Central Vigilance Commissioner has _________________ loan officers in the public sector into inaction. It is _______________ no use having a publicly-owned banking ___________ that does not extend credit to sound projects on grounds of __________________ scrutiny.

 

Central Vigilance Commissioner has _________________ loan officers in the public sector into inaction.

 

A) encouraged B) emboldened
C) petrified D) energized
 
Answer & Explanation Answer: C) petrified

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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.

 

Several countries ___________________ the world are now replacing the __________________ model of criminal justice partly _____________________ wholly with different models of restorative justice, _____________________ promising results in crime control. The process is more collaborative, consensual and inclusive, that is characteristic ____________________ indigenous systems of justice.

 

that is characteristic ____________________ indigenous systems of justice.

 

A) for B) as
C) of D)  like
 
Answer & Explanation Answer: C) of

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

There is something in a train journey that (was fascinated) a lot of people and I am one of them.

 

A) has fascinated B) have fascinated
C) has fascinate D) no improvement
 
Answer & Explanation Answer: A) has fascinated

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Q:

A shop keeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of cost price to the printed price of the book is

A) 45:56 B) 50:61
C) 99:125 D) None of these
 
Answer & Explanation Answer: A) 45:56

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P: Yet making loans to poor people is hardly a Poverty cure.
Q: Segmenting the industry, might be worth while if it allows more of the poor to get access to credit.
R: Multinational corporations could take the top microfinance institutions to the next level, and the remainder could take the responsibility of development groups and
regional banks.
S: Property rights and the role of law matter too.

A) PRQS B) QRPS
C) SPQR D) RSPQ
 
Answer & Explanation Answer: B) QRPS

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