Questions

Q:

Where is Major Dhyan Chand National Stadium located?

A) Patna B) Shimla
C) New Delhi D) Agartala
 
Answer & Explanation Answer: C) New Delhi

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Pernicious

A) Beneficial B) Dangerous
C) Innocuous D) Advantageous
 
Answer & Explanation Answer: B) Dangerous

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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 speech or a presentation made without previous preparation.

A) Euphemism B) Obituary
C) Extempore D) Soliloquy
 
Answer & Explanation Answer: C) Extempore

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Q:

Which one of the following Indian States has the highest percentage of Scheduled Tribe population to its total population?

A) Mizoram B) Nagaland
C) Meghalaya D) Arunachal Pradesh
 
Answer & Explanation Answer: A) Mizoram

Explanation:

                     Scheduled Tribes 

State with highest proportion of Scheduled Tribes               Mizoram (94.5 %)

State with lowest proportion of Scheduled Tribes                 Goa (0.04 %)

UT with highest proportion of Scheduled Tribes                   Lakshadweep (94.5 %)

UT with lowest proportion of Scheduled Tribes                     A & N Islands (8.3 %)

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Q:

What does the term 'Call Money' refer to?

A) A loan made for a very short period of a few days or aweek B) Student loans to help cover the cost of highereducation
C) Loans to allow consumers to buy homes they can'tpay for upfront D) Personal loans for any personal expenses which don'thave a designated purpose
 
Answer & Explanation Answer: A) A loan made for a very short period of a few days or aweek

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Q:

Which curve shows the inverse relationship between unemployment and inflation rates

A) Supply curve B) Indifference curve
C) IS curve D) Phillips curve
 
Answer & Explanation Answer: D) Phillips curve

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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'.

There was a fine line(A)/between being frugal(B)/and being a miser.(C)/No error(D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: D) D

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