Questions

Q:

If price of an article decreases from Rs. 25 to Rs. 20, quantity demanded increases from Q1 units to 1500 units. If point elasticity of demand is -1.25, find Q1?

A) 900 units B) 1200 units
C) 1800 units D) 2000 units
 
Answer & Explanation Answer: B) 1200 units

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Q:

If demand curve for racing cycles is D = 59600 - 6P and supply curve is S = 29600 + 4P, find the equilibrium Quantity?

A) 118000 B) 300
C) 41600 D) 6000
 
Answer & Explanation Answer: C) 41600

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Q:

Economic sanctions are mainly used to

A) to help international trade run smoothly. B) punish nations that disobey international law
C) to impose tariffs on vehicles at the border D) all the above
 
Answer & Explanation Answer: B) punish nations that disobey international law

Explanation:

A sanction is a punishment imposed on another nation, or on individual natives of another nation.


Economic sanctions are characterized as the withdrawal of standard exchange and money related relations for outside and security strategy purposes. They might be extensive, denying business movement as to a whole nation,...

 

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Q:

Time period of Annual Plans was ___________.

A) 1990-1992 B) 1987-1990
C) 1992-1994 D) No option is correct
 
Answer & Explanation Answer: A) 1990-1992

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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

 

A) unattractiveness   B) unatrractiveness  
C) unattracttiveness   D) unatrracttiveness
 
Answer & Explanation Answer: A) unattractiveness  

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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.

 

Be under no illusions

 

A) Not be duped by a cheater B) Get out of a magic spell
C) Don’t have the habit of daydreaming D) Be fully aware of the true state of affairs
 
Answer & Explanation Answer: D) Be fully aware of the true state of affairs

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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

 

A) desendent B) descendant  
C) iliterrate   D) descendente
 
Answer & Explanation Answer: B) descendant  

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Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

One should consciously engage in activities that will nourish your soul. Just as we nourish the body, we need to nurture the soul to connect to the creative power of the universe and to manifest joy in our lives. Often, we forget to address the soul, lost as we are in a jungle of material and sensual pleasures. But the more you embrace what feeds your soul, the happier you become. So if you want to enjoy the abundance of life, engage in what enriches your soul. Nurturing the soul is all about finding calm amidst chaos. There are a number of practices that empower people towards this end including silent contemplation, various forms of meditation, yoga and tai chi However, the rigor and discipline involved in the pursuit of such practices often seems to discourage people. Add to this, the temptations of the material world that leave little time and motivation for anyone to pursue the spiritual path. Poet Walt Whitman declared: “Whatever satisfies the soul is truth”. The good news is that simple, everyday activities can also nutrify the soul — like spending time in the midst of nature, dancing in the rain or just putting thoughts on paper. Do whatever is calming and pleases you. Creative pursuits are particularly appealing as inside each one of us, there is an artist craving for release and awaiting an opportunity for expression. One of the ways to indulge the artist within is to get started with the practice of any one or more of the creative art forms such as music, singing, dancing, acting, drawing, painting, sculpting, poetry, fiction or essay writing.

 

When you engage in such soul nourishing activities, all thought and energy gets focused toward goal accomplishment. At this point, you will find that even unknown forces of the universe are conniving to assist you in your amateurish but sincere attempts. As you progress, you are motivated to do better. You touch and access a faculty, a part of you that you never knew existed. Your inner artist is unleashed, baring the beauty of your soul that has found a fond medium of expression. For instance, a sculptor’s soul is seen in his artwork; a musician’s in his compositions; an actor’s in his acting, a painter’s in his paintings and so on. It is immaterial whether your effort is an immaculate artwork or just a clumsy attempt by a layperson. The idea is to try, be inspired and to create giving free rein to the mind. As Michelangelo remarked: “I saw the angel in the marble and carved until I set him free”!

 

According to the passage, what makes us really happy?

 

A) A soulful music. B) A soulful sculptures art.
C) Freeing our mind. D) Embracing what feeds our soul.
 
Answer & Explanation Answer: D) Embracing what feeds our soul.

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