Questions

Q:

The innovation theory of profit was proposed by

A) Marshall B) Clark
C) Schumpeter D) Joan Robbinson
 
Answer & Explanation Answer: C) Schumpeter

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Q:

In each of the questions, four alternatives are given for the Idiom/Phrase. Choose the alternative which best expresses the meaning of the Idiom/Phrase and click the button corresponding to it.

To be in a fix

A) In pain B) In distress
C) Depressed D) In a difficult situation
 
Answer & Explanation Answer: D) In a difficult situation

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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.

Once again, a _____________ monsoon so vital to India's economic fortunes has left some states in shambles. From Assam to Karnataka, heavy rainfall in a ____________ has created paralysing floods that have taken a _______________, wiped out crops and destroyed hard-earned assets. When the waters ___________, a familiar cycle of assessment of damage by Central teams, preparation of loss estimates and expensive ____________ work such as repairs of river embankments, will follow.


expensive ____________ work such as repairs of river embankments, will follow.

A) rejuvenation B) reclamation
C) renovation D) restoration
 
Answer & Explanation Answer: D) restoration

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

To burn the midnight oil

A) When resources get finished half way B) To read or work late into the night
C) Value of a small lamp is most when it is the darkest D) To save some resources for the future
 
Answer & Explanation Answer: B) To read or work late into the night

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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 friend said to me, "For me running is like therapy."

 

A) My friend told me this that for her running is like therapy. B) My friend told me that for her running was like therapy.
C) My friend told me that for her having ran was like therapy. D) My friend tells me that for her running is like therapy.
 
Answer & Explanation Answer: B) My friend told me that for her running was like therapy.

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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.

 

Hackneyed

 

A) Tired B) Fresh
C) Uncommon   D) New
 
Answer & Explanation Answer: A) Tired

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

to bite your tongue

 

A) to cause self­inflicting harm B) to make a desperate effort to avoid saying something
C) harsh words once spoken can never come back D) to be astonished
 
Answer & Explanation Answer: B) to make a desperate effort to avoid saying something

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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