Questions

Q:

If cash reserve ratio decreases, credit creation will _______.

A) increase B) decrease
C) does not change D) first decreases than increases
 
Answer & Explanation Answer: A) increase

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Q:

For a price taking firm, average revenue is ______ market price.

A) half of B) equal to
C) double of D) less than
 
Answer & Explanation Answer: B) equal to

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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market D) Raising and lowering the foreign exchange rate
 
Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

 

A) Misterous   B) Misterius  
C) Mysterous   D) Mysterious
 
Answer & Explanation Answer: D) Mysterious

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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'.

 

Population decline, counter-urbanisation, invasion, and (1)/ movement of people, which had begun in Late (2)/ Antiquity, continued in the Early Middle Ages. (3)/ No error (4)

 

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

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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.

 

All this suggests the intimate relations which exist between history, politics, and sociology. The ____________ thing, however, is not the identities but the distinctions.For, however much the _____________ disciplines may, in practice, overlap, it is necessary ________ the sake of clear thinking to have their limits defined. As far _______sociology and history are concerned the differences may be summed up in a word. __________ history and sociology are concerned with the life of man as man.

 

sociology. The ____________ thing, however,

 

A) important B) importance
C) importances D) importantly
 
Answer & Explanation Answer: A) important

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

We (have been) away for a long time, you know, and so we're anxious to get home again.

 

A) has been B) is been
C) have being D) no improvement
 
Answer & Explanation Answer: D) no improvement

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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.

 

All of us have admired some writers, ______________ their work over that of others for their writing style as much as for the content of their work. ____________ writer who has, for more than half a century, _______________ for his searing honesty is George Orwell. He is recondite, but he is never ________________. He says it as it is and yet says it as it has not been said ____________.

 

He says it as it is and yet says it as it has not been said ____________.

 

A) after B) later
C) before D) since
 
Answer & Explanation Answer: C) before

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