Questions

Q:

If for the year a country's GDP was $990 million, consumer spending was $630 million, investment by businesses was $110 million, exports were $55 million and imports were $45 million, calculate government spending?

A) $260 million B) $240 million
C) $480 million D) $460 million
 
Answer & Explanation Answer: B) $240 million

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Q:

The demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient D) indicates that there is a direct relationship between quantity demanded and price
 
Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

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Q:

A growing country is one with ___________ there.

A) rising GNP at constant prices B) rising GNP at current prices
C) constant GNP at constant prices D) No option is correct
 
Answer & Explanation Answer: A) rising GNP at constant prices

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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.

 

Acutely distressing

 

A) Palatable B) Harrowing  
C) Gratifying   D) Suave
 
Answer & Explanation Answer: B) Harrowing  

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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 by selecting the appropriate option.

 

Australia was discovered by Dutch ______ in 1606.

 

A) explorers   B) concocters  
C) inventors   D) manufacturers
 
Answer & Explanation Answer: A) explorers  

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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'.

 

He built the theatre as a tribute to his rootings (1)/ and the thought of it outlasting him, (2)/ would surely have given him the greatest joy. (3)/ No error. (4)

 

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

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Farcical

 

A) Serious   B) Absurd
C) Analytical D) Lame
 
Answer & Explanation Answer: B) Absurd

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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.


Restorative justice is _______________ from mediation though it involves meetings and dialogues to fix responsibility for wrongdoing and to find a solution acceptable to ______________ three parties. More importantly, it directly addresses victim needs and ________________ emphasises the private dimensions of a public wrong. It is not a substitute _______________ the formal criminal justice system, but a good backup to reduce its workload and to increase the sense of justice in the system as a __________________.


Restorative justice is _______________ from mediation though it involves meeting

A) clear B) distinct
C) recognisable D) specific
 
Answer & Explanation Answer: B) distinct

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