Questions

Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good B) normal good
C) exclusive good D) inferior good
 
Answer & Explanation Answer: D) inferior good

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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.

 

The news has always ____________ predicated on informing the consumer. It speaks of — apart from the day’s most ____________ upheavals — the best and the worst that _____________ has managed to accomplish each day. This includes the medal-winners, the laureates, the record-breakers, the deal-makers _________the criminals, the villains, the corrupt. The news regales us ________ the highlights, a reel of the most provoking ones that made it into a window of a half-an-hour.

 

The news regales us ________ the highlights

 

A) at B) from
C) with D) for
 
Answer & Explanation Answer: C) with

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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'.

 

My mother (1)/ told me (2)/ don’t eat the junk food. (3)/ No error (4)

 

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

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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 often feel, in such an environment, that our social sphere _____________ around us. We can see, in quantitative values — the number of likes, re-posts, shares — the interest garnered by anything created by us. This makes social interaction slightly more ___________, when we start to think of it in number terms. It becomes easier to see it in visual terms, rather ________ emotive cues. And _____________ that happens we are motivated to reveal only those parts of ____________ that we know will trigger a considerable quantitative response.

 

slightly more ___________, when we start

 

 

A) clinically B) clinics
C) clinic D) clinical
 
Answer & Explanation Answer: D) clinical

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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.

 

Regard with great respect

 

A) Insolence   B) Venerate  
C) Flippancy   D) Coarseness
 
Answer & Explanation Answer: B) Venerate  

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Q:

A man has some hens and some cows. If the total number of heads of hens and cows together is 50 and the nunber of feet of hens and cows together is 142, then the number of cows is

A) 21 B) 25
C) 27 D) 29
 
Answer & Explanation Answer: A) 21

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Q:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in the form of?

A) Derivative Usance Promissory Note B) Usance Promissory Note
C) Demand Promissory Note D) Both a & b
 
Answer & Explanation Answer: B) Usance Promissory Note

Explanation:

The Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. (Usance Promissory Note has to be paid after certain time period).

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Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

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