Questions

Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

 

A) humanitarianism   B) humanitariaesm  
C) humaniterianism   D) humaniteriaesm
 
Answer & Explanation Answer: A) humanitarianism  

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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

 

A) Inocculate B) Inoculate
C) Inouclulate D) Inoculait
 
Answer & Explanation Answer: B) Inoculate

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

Environmental care (had slowly regressing) to the back of our daily requirements

 

A) is slowly regressing   B) were slowly regressing
C) are slowly regress D) no improvement
 
Answer & Explanation Answer: A) is slowly regressing  

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

A period of time during which a person that might have a disease is kept away from other people so that the disease cannot spread

 

A) solitude B) seclusion
C) quarantine D) desolate
 
Answer & Explanation Answer: C) quarantine

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Q:

­ Inflation exists when

A) there is general increase in the prices over time. B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time. D) there is rise in the purchasing value of money.
 
Answer & Explanation Answer: A) there is general increase in the prices over time.

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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:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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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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