Questions

Q:

The percentage of carbon in CO2 is

A) 12 B) 44
C) 14 D) 27.3
 
Answer & Explanation Answer: D) 27.3

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Q:

In which state is the valley of Flowers National park situated?

A) Uttarakhand B) Himachal Pradesh
C) Jammu and Kashmir D) Assam
 
Answer & Explanation Answer: A) Uttarakhand

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Q:

In ____________, the short run equilibrium results in quantity produced being lesser and prices being higher compared to perfect competition.

A) Monopsony B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: D) Monopolistic Competition

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Filed Under: Indian Economy
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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Q:

Which  one  of  the  following  indices  is  now used  by  the  Reserve  Bank  of  India  to measure the rate of inflation in India?

A) NASDAQ Index B) BSE Index
C) Consumer Price Index D) Wholesale Price Index
 
Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The  Wholesale  Price  Index  (WPI) was  main  index  for  measurement of  inflation  in  India  till  April  2014 when  RBI  adopted  new  Consumer Price   Index   (CPI)   as   the   key measure of inflation.

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Q:

The consumption schedule is such that

A) the MPC and the APC must be equal at all levels of income. B) the APC is constant and the MPC declines as income rises.
C) both the APC and the MPC increase as income rises. D) the MPC is constant and the APC declines as income rises.
 
Answer & Explanation Answer: D) the MPC is constant and the APC declines as income rises.

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Q:

Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. If there is no error, the answer is (E), ie ‘No error’. (Ignore the errors of punctuation, if any.)The consolation messages (A) / received on the(B)/ demise of Mrs. Malhotra (C) / speaks highly of her enormity. (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: D) D

Explanation:

Here, the error is in part 4. As 'messages' is plural “speaks” will be replaced by “speak”. The rule applied is of subject verb agreement

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Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question,choose the correct alternative and click the button corresponding to it.

He is _______ connected.

A) respectively B) respective
C) respectably D) respectable
 
Answer & Explanation Answer: C) respectably

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