Questions

Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

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

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Filed Under: Indian Economy
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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:

A 'Market Economy' is one which

A) is controlled by the Government B) is free from the Government control
C) in influenced by international market forces D) All of these
 
Answer & Explanation Answer: B) is free from the Government control

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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'.
My brother finds it difficult (1)/ to pass away the time (2)/ at our grandparent's house. (3)/ No Error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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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’.

One of the hazard of swimming (1)/ in the ocean is an unexpected (2)/ encounter with a jellyfish. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

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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
expresses the same sentence in Indirect/Direct speech.
Pritam said, "These pastries are yummy."

A) Pritam said that those pastries are yummy. B) Pritam said this that those pastries were yummy.
C) Pritam said that those pastries were yummy. D) Pritam said that these pastries are yummy.
 
Answer & Explanation Answer: B) Pritam said this that those pastries were yummy.

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 

But the war did not cease; though friend and foe alike were almost drowned in blood. It seemed as powerful as eternity, and in time Tony Vassall too went to battle and was killed. The country gave Patience a widow's pension, as well a touching inducement to marry again; she died of grief. Many people died in those days, it was not strange at all. Nathan and his wife got so rich that after the war they died of overeating, and their daughter Olive came into a vast fortune and a Trustee.

 

The writer says war is

 

A) bloodless B) partial
C) destructive D) unimportant
 
Answer & Explanation Answer: C) destructive

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Filed Under: English
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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.

 

I ________ my black leather shoes till they shine.

 

A) scrub B) rub
C) brush D) polish
 
Answer & Explanation Answer: D) polish

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Filed Under: English
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