Questions

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

15% of an alloy was silver. If in a quantity of alloy there was 51 g of silver, what was the quantity of the other elements in the alloy?

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.

People may see, and hear, and feel all their lives without ____________ learning the nature of things they see. But reason is the mind's eye, and enables us to see why things are, and when and how events may be made to happen ___________ not to happen. The logician endeavours to ____________ exactly what this reason is which makes the power of men. We all, as I have said, must reason well or ill, but logic is the science of reasoning and enables us to distinguish ______________ the good reasoning which leads to truth, and the bad reasoning which every day betrays people into error _________ misfortune.

people into error _________ misfortune 

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

By the seat of one's pants

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'.

His hard (1)/ punch lay (2)/ him on the road . (3)/ No error (4).

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

The researchers are _____________ into the mode of life of diabetes patients as diabetes is a lifestyle ailment.

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.

Widespread liberalization of the economic ________________ regime was long overdue in 1991, and has played a positive role since, but its impact has ________________ its course and the policy has recognisable ___________________. Liberalization cannot address all aspects of the man­made environment and now climate change ________________ to change everything forever. We do not have another quarter century to deal ___________ these imperatives.

now climate change ________________ to change everything forever.