Questions

Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

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Filed Under: Indian Economy
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Q:

Who presented the first Union budget of independent India?

A) Morarji Desai B) John Mathai
C) TT Krishnamachari D) RK Shanmukham Chetty
 
Answer & Explanation Answer: D) RK Shanmukham Chetty

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Filed Under: Indian Economy
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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

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Q:

Which of the following can be used as a weapon of war and conflict?

A) Extreme economic dependence B) Trade sanctions
C) Currency manipulation D) Withdrawal of bilateraltreaties
 
Answer & Explanation Answer: B) Trade sanctions

Explanation:

This can be interpreted from these lines of the passage, “Sanctions also play a dramatic role as an offensive militaristic manoeuver” and "Indeed, economics is often used directly as a weapon of war and conflict via trade sanctions."

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Filed Under: English
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one, which best express the same sentence in Indirect/Direct speech.

Kabir said to me, "I was waiting for you for a long time."

A) Kabir told me that he had been waiting for me for a long time. B) Kabir had told that me had been waiting for me for a long time.
C) Kabir told me he had been waiting for me for a long time. D) Kabir told that me he was waiting for me for a long time.
 
Answer & Explanation Answer: A) Kabir told me that he had been waiting for me for a long time.

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Filed Under: English
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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'.

A rate of growing is different(A)/for different sectors, but the service sector(B)/ always grows faster than agriculture.(C)/No error(D)

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

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Filed Under: English
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Q:

One of four words is a class to which the other three belong. Identify the class.

A) Coal B) Lignite
C) Anthracite D) Peat
 
Answer & Explanation Answer: A) Coal

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Filed Under: General Science
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Q:

Sound CANNOT travel through

A) Air B) Vacuum
C) Liquid D) Solid
 
Answer & Explanation Answer: B) Vacuum

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Filed Under: Physics
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