Questions

Q:

In economic equilibrium _____

A) supply is equal to the demand. B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply D) price elasticity of demand is unity
 
Answer & Explanation Answer: A) supply is equal to the demand.

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Q:

If Money supply growth is faster than real GDP growth, it results in _____.

A) Inflation B) deflation
C) budget surplus D) budget deficit
 
Answer & Explanation Answer: A) Inflation

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Q:

Who presented the first Union budget of independent India?

A) Morarji Desai B) John Mathai
C) TT Krishnamachari D) RK Shanmukham Chetty
 
Answer & Explanation Answer: D) RK Shanmukham Chetty

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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'.
She has not been (1)/ to the restaurant (2)/ much late. (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 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'.

People would see bitcoin’s current price rise (1)/ as merely a reflection of their bright future (2)/ as a stateless currency. (3)/ No error. (4)

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

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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.

 

Living as _________ educated individual in a free society, I felt that we continue to unknowingly hold some biases that we develop _________ time. It requires many maturity updates to install in your psychological system, and at ___________ conscious efforts to develop a good sense of __________. I was small at that time, but with age and experience I absolutely _____________ and approved each and every word my uncle had said that day.

 

Living as _________ educated individual in a free society,

 

A) a B) the
C) an D) one of
 
Answer & Explanation Answer: C) an

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Q:

A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in Indirect/Direct Speech.

 

Bunty says, “I may not come for the practice today.”

 

A) Bunty says that he may not come for the practice today.   B) Bunty says that he might not come for practice today.  
C) Bunty said that he might not come for the practice that day. D) Bunty told me he won’t come to the practice.
 
Answer & Explanation Answer: A) Bunty says that he may not come for the practice today.  

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Q:

In the following question, out of the given four alternatives, select the alternative which best expresses the meaning of the Idiom/Phrase.

 

Reap the whirlwind

 

A) Providing that other factors or circumstance remain the same B) Suffer negative consequences as a result of one’s actions
C) An indication that something is accepted or regarded favourably D) Believing that moderation is more satisfying than excess
 
Answer & Explanation Answer: B) Suffer negative consequences as a result of one’s actions

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