Questions

Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) All the boys B) returned back home
C) well in time for lunch. D) No error
 
Answer & Explanation Answer: B) returned back home

Explanation:

Error is in second part. Returning means coming back to place from where you began. So, the use of back after returned becomes redundant. Without using back, the meaning remains the same. We can omit ‘back’ in part b, and use ‘returned home.’

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Filed Under: English
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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

Explanation:
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Q:

In which month does the Earth's Perihelion position occur?

A) June B) January
C) September D) March
 
Answer & Explanation Answer: B) January

Explanation:
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Filed Under: Indian Geography
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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

Explanation:
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Filed Under: Indian Economy
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Q:

A ___________ deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: A) Current Account

Explanation:
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Filed Under: Indian Economy
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Q:

What is an octroi ?

A) Tax B) Tax collection centre
C) Tax processing centre D) Tax information centre
 
Answer & Explanation Answer: A) Tax

Explanation:
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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50% B) 8%
C) 10% D) 15%
 
Answer & Explanation Answer: A) 12.50%

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Q:

The SLR is determined by the RBI. SLR stands for

A) States Leverage Return B) Savings Lease Rate
C) Statutory Liquidity Ratio D) Safe Legal Range
 
Answer & Explanation Answer: C) Statutory Liquidity Ratio

Explanation:
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