Questions

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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Q:

‘Capital gains’ refers to goods which

A) serve as a source of raising further capital B) help in the further production of goods
C) directly go into the satisfaction of human wants D) find multiple uses
 
Answer & Explanation Answer: B) help in the further production of goods

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Q:

Earnings per share are calculated by dividing

A) (net income less preferred stock dividends) by average common shares outstanding. B) gross profit by average common shares outstanding.
C) net sales by average common shares outstanding. D) net income by average common shares outstanding.
 
Answer & Explanation Answer: A) (net income less preferred stock dividends) by average common shares outstanding.

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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 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 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.

Life is full of ______ types of experiences.Strange, in fact, are the ways of God.If a man is happy today, he may be ______ unhappy the very next day.Some ______ are pleasant and joyful while others are full of ______ and pain.If at one time a person finds himself on top of the world, at the ______ time he is depressed and downcast.

 

 

he may be ______ unhappy the very next day.

A) most B) quietly
C) quite D) major
 
Answer & Explanation Answer: C) quite

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

My grandfather said to the visitor, "Who are you? Where do you come from?"

A) My grandfather enquired the visitor who are you, where do you come from. B) My grandfather enquires the visitor who he was and where he came from.
C) My grandfather enquired of the visitor who he was and where he came from. D) My grandfather enquires the visitor who are you, where do you come from.
 
Answer & Explanation Answer: C) My grandfather enquired of the visitor who he was and where he came from.

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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.

______________ reader can add to the list and to the possibilities of a new ethical and moral politics _________________ requires a Gandhian inventiveness of ritual and politics. What I wish to add is a ___________________. The rituals of apology and the question of justice, reconciliation and ethical repair are not easy. They require a rigour and an inventiveness _____________ ethical thinking which ___________________ new experiments with the idea of truth and healing in India.


They require a rigour and an inventiveness _____________ ethical thinking

A) with B) of
C) to D) against
 
Answer & Explanation Answer: B) of

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