Questions

Q:

An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

A) same B) higher
C) lower D) minimum
 
Answer & Explanation Answer: A) same

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Filed Under: Indian Economy
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Q:

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

A) Deflation B) Stagflation
C) Recession D) Depression
 
Answer & Explanation Answer: B) Stagflation

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Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units B) 4500 units
C) 10500 units D) 6000 units
 
Answer & Explanation Answer: D) 6000 units

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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.

 

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.

 

However, the family __________ this burden

 

A) bore B) bears
C) had borne D) is bearing
 
Answer & Explanation Answer: B) bears

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Filed Under: English
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Q:

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

 

A formal speech, especially one given on a ceremonial occasion

 

A) Oration   B) Reticent  
C) Bashful   D) Taciturn
 
Answer & Explanation Answer: A) Oration  

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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 improvementis needed, select "no improvement".

 

During the last decade the typewriters (had give) way to the computers.

 

A) have gave B) is giving
C) have given D) no improvement
 
Answer & Explanation Answer: C) have given

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Q:

A piece of paper is folded and cut as shown below in the question figures. From the given answer figures, indicate how it will appear when opened.

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

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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.


Crude mineral oil comes out of the earth as a thick brown or black liquid with a strong smell. It is a complex mixture of many different substances, each with its own individual qualities. Most of them are combinations of hydrogen and carbon in varying proportions. Such hydrocarbons are also found in other forms such as bitumen, asphalt and natural gas. Mineral oil originates from the carcasses of tiny animals and from plants that live in the sea. Over million of years, these dead creatures form large deposits under sea­bed and ocean currents cover them with a blanket of sand and silt. As this material hardens, it becomes sedimentary rock and effectively shuts out the oxygen, thus preventing the complete decomposition of the marine deposits underneath. The layers of sedimentary rocks become thicker, and heavier. Their pressure produces heat, which transforms the tiny carcasses into crude oil in a process that is still going on today.


How does crude oil come out of the earth ?

A) Thick brown or black liquid with mild smell B) Thick red brown liquid with strong smell
C) Mixture of different colours D) Thick brown or black liquid with a strong smell
 
Answer & Explanation Answer: D) Thick brown or black liquid with a strong smell

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