Questions

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.

 

Although it has been felt necessary to devote much space to ________ attempt to find principles that may be said to be at the basis ________ the art of all nations, the executive side of the question has not been neglected. And it is hoped that the __________ method for the study of drawing from the two opposite points of view ofline and mass here advocated may be useful, and help students to avoid some of the _____________ that results from attempting simultaneously the study of these______________ qualities of form expression.

 

much space to ________ attempt to find principles

 

A) an B) a
C) it D) once
 
Answer & Explanation Answer: A) an

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Heretic

 

A) Faithful B) Cynic
C) Loyalist D) Righteous
 
Answer & Explanation Answer: B) Cynic

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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'. 

 

To who (1)/ did you (2)/ speak last night? (3)/ No error (4)

 

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

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Vanguard

 

 

A) Forefront B) Follower
C) Leader   D) Pioneer
 
Answer & Explanation Answer: B) Follower

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers.

 


What does not seem as not good or normal in the context of this essay?

 

A) the new interest in free market B) being captivated by spell of the free market
C) that which does not accord with the requirement of the free market D) the economists who are captivated by the free market
 
Answer & Explanation Answer: C) that which does not accord with the requirement of the free market

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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 a delight _______________ the illuminating thoughts which came to the minds of these men; and, on the other hand, it is amusing to see how ________________ they launched ________________ on boundless seas when they were unprovided with chart and compass. They were _________ brilliant children, who know little of the dangers of the great world, but are ready to undertake anything. These philosophers regarded all knowledge as their province, and did __________ despair of governing so great a realm.

 

they launched ________________ on boundless seas when they were unprovided

 

A) them B) their
C) they D) themselves
 
Answer & Explanation Answer: D) themselves

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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Q:

In India, which of the following is regulated by the Forward Markets Commission?

A) Currency Futures Trading B) Commodities Futures Trading
C) Equity Futures Trading D) Both Commodities Futures and Financial Futures Trading
 
Answer & Explanation Answer: B) Commodities Futures Trading

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