Questions

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".

 

By the time we set out, the sun (sit) pretty in the blue sky.

 

 

A) was sitting B) had sitting
C) was sit D) no improvement
 
Answer & Explanation Answer: A) was sitting

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in Indirect/Direct Speech.

 

She said, “I will visit the temple.”

 

A) She said that she will visit the temple B) She said that she would visit the temple
C) She acknowledged that she would visit the temple D) She says she would visit the temple
 
Answer & Explanation Answer: B) She said that she would visit the temple

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Q:

A shop keeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of cost price to the printed price of the book is

A) 45:56 B) 50:61
C) 99:125 D) None of these
 
Answer & Explanation Answer: A) 45:56

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Q:

Find the missing number from the given responses:

A) 12 B) 51
C) 56 D) 120
 
Answer & Explanation Answer: D) 120

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Filed Under: Indian Economy
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Q:

The demand for a normal good decreases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Q:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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