Questions

Q:

Which   one   of   the   following   is   not   a component  of  Revenue  Receipts  of  the Union Government?

A) Corporate tax receipts B) Dividends and profits
C) Disinvestment receipts D) Interest receipts
 
Answer & Explanation Answer: C) Disinvestment receipts

Explanation:

Revenue    receipts    are    regular source of Government of India, but Disinvestment   receipts   are   not regular    source    of    Income    of Government  and  all  other  given are regular

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Filed Under: Indian Economy
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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.

Explanation:
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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

Explanation:
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Q:

If an unintended increase in business inventories occurs

A) aggregate expenditures must exceed the domestic output B) we can expect businesses to lower the level of production
C) we can expect aggregate production to be unaffected D) we can expect businesses to increase the level of production
 
Answer & Explanation Answer: B) we can expect businesses to lower the level of production

Explanation:
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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 express the same sentence in Indirect/Direct speech.

Kabir said to me, "I was waiting for you for a long time."

A) Kabir told me that he had been waiting for me for a long time. B) Kabir had told that me had been waiting for me for a long time.
C) Kabir told me he had been waiting for me for a long time. D) Kabir told that me he was waiting for me for a long time.
 
Answer & Explanation Answer: A) Kabir told me that he had been waiting for me for a long time.

Explanation:
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Filed Under: English
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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.

In a strange ________________, the production and the consumption of the event become cause for concern. _______________ wonders whether newer forms of “non­caring” or violence are appearing. Somehow, silence, even __________________, quietly suppresses a meditation on such events. __________________ a professor, I can recollect the number of occasions when my students have cried as we discussed such events in class. _____________, society seems so indifferent.

_____________, society seems so indifferent.

A) Yet B) Thus
C) Hence D) So
 
Answer & Explanation Answer: A) Yet

Explanation:
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Q:

From the given alternative words, select the word which cannot be formed using the letters of the given word.

ENCYCLOPEDIA

A) OPEN B) PLEASE
C) CANOPY D) PLEAD
 
Answer & Explanation Answer: B) PLEASE

Explanation:
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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.

 

The abuse of phrases and the misuse of words rife among us can be checked __________ diligent exercises in good English, such as this book provides. ___________exercises, in conjunction __________ others to be found in different volumes by the same author, will serve to correct careless diction and slovenly speech, and lead to the art of speaking and writing correctly; for, after all, ___________ in the use of words is more a matter of habit than of theory, and once it is acquired it becomes just as easy to speak or to write good English _____________ bad English.

 

can be checked __________ diligent exercises

 

A) by B) to
C) at D) so
 
Answer & Explanation Answer: A) by

Explanation:
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