Questions

Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

The combination of high IQ and general knowledge makes it easier to ____________ these skills.

 

A) have B) acquire
C) procure D) get
 
Answer & Explanation Answer: B) acquire

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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.

 

Indian corporates are _______________ influenced by the American style of management, including ______________ practices. The recent episodes in a couple of big and reputed corporates in India are prompting many to re-think the kind of compensation strategy that would be __________ for Indian corporates. Should it be more socialistic, as prevalent in Scandinavian, some European and Japanese companies? _______________ there be some law to govern the salary differentials? __________should different functions such as Finance be remunerated substantially higher for equivalent educational degree holders and similar efforts by individuals in other functions?

 

Japanese companies? _______________ there be some

 

 

A) Shall B) Will
C) Should D) What
 
Answer & Explanation Answer: C) Should

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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) Inocculate B) Inoculate
C) Inouclulate D) Inoculait
 
Answer & Explanation Answer: B) Inoculate

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Q:

What does UFO stand for?

A) Under Fire Object B) Unidentified Flying Object
C) Unapproved Foreign Object D) Unidentified Free Object
 
Answer & Explanation Answer: B) Unidentified Flying Object

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Q:

The 'Go for Zero' policy, is associated with which country?

A) New Zealand B) Germany
C) United Kingdom D) Australia
 
Answer & Explanation Answer: D) Australia

Explanation:

The "Go for Zero" policy of Australia helped the country to bring down its COVID-19 cases. The Go for zero policy of Australia was proposed by a non-profit think tank Grattan Institute that advises the government. Under the policy besides expanding the testing of covid-19, Australia also increased contact tracing and mandatory isolation.

 

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Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Q:

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

A) 5% B) 10%
C) 2% D) 15%
 
Answer & Explanation Answer: C) 2%

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Q:

In economic equilibrium _____

A) supply is equal to the demand. B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply D) price elasticity of demand is unity
 
Answer & Explanation Answer: A) supply is equal to the demand.

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