Questions

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.

 

It is obviously wrong as the cost of school uniform, books and stationery, and transport, ________ all are under the monopoly of the school, are not included. ______________ private schools want additional money for special occasions like festivals, picnics, ______________ and projects. And they often recommend tuition for the children. None of this ______________ in this cost calculation. However, the family __________ this burden and these items add significantly to the revenue of private schools.

 

books and stationery, and transport, ________ all are under the monopoly of the school, are not included.

 

A) that B) those
C) which D) when
 
Answer & Explanation Answer: C) which

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Q:

What is the name of the disappearing tweets launched by Twitter?

A) Fleets B) Twitties
C) Heights D) Flocks
 
Answer & Explanation Answer: A) Fleets

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Q:

What was the theme of 48th annual meeting of the World Economic Forum (WEF) which was held in Davos city?

 

A) Discover, remember and share B) Creating shared future in a fractured world world
C) Shared values, common destiny D) Connecting ships, ports and people
 
Answer & Explanation Answer: B) Creating shared future in a fractured world world

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Q:

What is the name of the castle that was built in honour of world renowned composer Richard Wagner?

A) Balmoral Castle B) Neuschwanstein Castle
C) Conwy Castle D) Kronborg
 
Answer & Explanation Answer: B) Neuschwanstein Castle

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Q:

The study of human evolution indicates that all of us belong to a single species that evolved in

A) West Asia B) Central Asia
C) Africa D) America
 
Answer & Explanation Answer: C) Africa

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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers B) Income of consumers remains constant
C) Consumers are affected by demonstration effect D) There are no changes in the price of substitute goods.
 
Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Q:

A ceramic pottery unit hires 8 craftsmen by paying each of them Rs 900 per day. The 9th craftsman demands Rs 950 per day. If this craftsman is hired then all other craftsmen must be paid Rs 950. The marginal resource (labour) cost of the 9th craftsman is _________.

A) Rs 1530 B) Rs 1050
C) Rs 50 D) Rs 1350
 
Answer & Explanation Answer: D) Rs 1350

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Q:

In the following items, each passage consists of six sentences. The first and the sixth sentence are given in the beginning as S1 and S6. The middle four sentences in each have been removed and jumbled up. These are labeled P, Q, R and S. You are required to find out the proper sequence of the four sentences and mark your response accordingly on the Answer Sheet.

S1 :A single device can heat fluids without requiring an electrical element.
S6:Because there is no electrical element, there is no risk of fire, so the system is suitable for dangerous environments.
P:A heat exchanger transfers heat from the central cavity to an air heater, a water heater or an industrial processor.
Q:It has a container like the crank case of a car’s engine, which contains the fluid to be heated.
R:Compression and friction at the nozzles heat the fluid so that the temperature in the central cavity rises steadily.
S:A motor and pulley insidethe container turn a rotor wheel, which in turn forces the fluid again and again through narrow nozzles into a central cavity.

The proper sequence should be 

A) R P S Q B) S P Q R
C) Q S R P D) S R P Q
 
Answer & Explanation Answer: C) Q S R P

Explanation:

The starting statement is talking about a device which can heat fluid without electrical element. The continuing statement would be talking about the shape of the device i.e. the container which contains the fluid. Thus, Q will be the connecting statement. So, Q being the first statement eliminates all other options. Thus, the correct sequence is QSRP.

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