Questions

Q:

Which of the following is not true about a Demand Draft?

A) It is a negotiable instrument. B) It is a banker's cheque.
C) It may be dishonoured for lack of funds. D) It is issued by a bank.
 
Answer & Explanation Answer: C) It may be dishonoured for lack of funds.

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Q:

"The General Equilibrium Analysis" was developed by

A) Marshall B) Ricardo
C) Walras D) Adam Smith
 
Answer & Explanation Answer: C) Walras

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Q:

What situation would result if Government expenditure exceeds the Government revenue on Current Account?

A) Deficit budgeting B) Zero­based budgeting
C) Performance­based budgeting D) Surplus budgeting
 
Answer & Explanation Answer: A) Deficit budgeting

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Q:

In 2015, the nominal rate of interest in a country was 8% and the inflation rate then was 2.5%. So real rate of interest in 2015 was

A) 3.2 percent B) 10.5 percent
C) 8 percent D) 5.5 percent
 
Answer & Explanation Answer: D) 5.5 percent

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Q:

In this section, each of the following sentences has a blank space and four words are given below it. select the word or group of words you consider most appropriate for the blank space and indicate your response on the Answer Sheet accordingly.

 

He _________ the role of the organization in creating environmental awareness among the people.

A) collaborated B) commanded
C) contrasted D) commended
 
Answer & Explanation Answer: D) commended

Explanation:

Commended, commended means appreciated. Collaborated, commanded and contrasted are out of context. Collaborated means to work jointly with others. Commanded mean to direct authoritatively. Contrasted means compared or appraised in respect to differences.

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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.

Books are our ______ friends. They are our guides. We can learn everything from them. The books contain all the great ______ of the world's leaders and we can learn them by reading the books. The books help us find ______ to our questions. The books never fail us. We should read as ______ books as we can. But all books are not good. So we should ______ only good books.

So we should ______ only good books and read them.

A) remove B) looking
C) steel D) choose
 
Answer & Explanation Answer: D) choose

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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'.

 

One of the state(A)/in which there was a severe drought(B)/last year is Maharashtra.(C)/No error(D)

 

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

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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.

 

You can say that again

 

A) To challenge someone B) To express agreement
C) To politely ask someone to repeat D) A favourite story
 
Answer & Explanation Answer: B) To express agreement

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