Questions

Q:

Macro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) resource allocation at firm level D) equilibrium prices and quantities
 
Answer & Explanation Answer: A) the circular flow of income

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Q:

Which of these countries got Independence from United Kingdom?

A) Uzbekistan B) India
C) Venezuela D) South Korea
 
Answer & Explanation Answer: B) India

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Q:

Non-metallic character increases from ____.

A) Magnesium to Barium B) Potassium to Caesium
C) Oxygen to Selenium D) Sodium to Chlorine 
 
Answer & Explanation Answer: D) Sodium to Chlorine 

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Q:

In each of the following choose the word most nearly opposite in meaning to the word given in capitals.

“DEROGATORY”

A) Conferred B) Immediate
C) Praising D) Private
 
Answer & Explanation Answer: C) Praising

Explanation:

Derogatory means showing a critical or disrespectful attitude and, Praising means express warm approval. Both words are opposite in nature.

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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- Granted, political defection is increasingly less an act of ideological defiance than one of pure opportunism.

Q- Yet, for all it flaws, the current law recognizes and respects one fundamental principle: The right to dissent.

R- A blanket ban on defection will weaken rather than strengthen democracy, in whose name it is being sought to be imposed.

S- Granted also that it is illogical to allow a third of the party to split but not in a lesser number.

A) RPSQ B) PSRQ
C) RSPQ D) PRSQ
 
Answer & Explanation Answer: A) RPSQ

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Tell him to take B) another photograph
C) of the group D) No error
 
Answer & Explanation Answer: A) Tell him to take

Explanation:

The error is in first part. ‘Tell’ should be replaced with ‘Ask’. Tell is a command whereas Ask is a request and hence more courteous in this case. As this is a request the sentence should start with ‘Ask’ rather than ‘tell’.

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Q:

A beedi making workshop can hire 5 women by paying them Rs. 300 per day. The 6th woman demands Rs. 350 per day. If this woman is hired then all other women must be paid Rs. 350. The marginal resource (labour) cost of the 6th woman is

A) Rs. 600 B) Rs. 50
C) Rs. 300 D) Rs. 100
 
Answer & Explanation Answer: A) Rs. 600

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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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