Questions

Q:

What is an octroi ?

A) Tax B) Tax collection centre
C) Tax processing centre D) Tax information centre
 
Answer & Explanation Answer: A) Tax

Explanation:
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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

Explanation:
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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50% B) 8%
C) 10% D) 15%
 
Answer & Explanation Answer: A) 12.50%

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Q:

The determinants of aggregate supply -

A) Capital stock B) Wages
C) Technology D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.


P- The starting point can be the experience of a minority within society generally or even the experience of a group of people within a progressive social movement
which does not live up to its progressive agenda in every respect.
Q- Within (or after) postmodernism a grand unifying theory no longer seems possible. This does not exclude the possibility or the necessity of dialogue.
R- The starting points of social criticism can be very different and the different forms of socialism never has a monopoly on Social Criticism.
S- Nevertheless most social critics still consider the Critique of capitalism to be central.

A) PRQS B) RPQS
C) RQPS D)  PSRQ
 
Answer & Explanation Answer: B) RPQS

Explanation:
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Q:

Read each sentence to find out whether there is an error in it. The error, if any, will be in one part of the sentence. If there is no error, the answer will be “No Error”.

A) Linking traditional American Native stories B) to historic records of a Japanese tsunami
C) was considered an exception, not the start D) of a fruitful geological collaboration.
 
Answer & Explanation Answer: A) Linking traditional American Native stories

Explanation:

In 1 part, use of 'Native' after ‘American’ is incorrect. Also ‘traditional’ should come before ‘stories’. Native is an adjective that is used here for American and not stories. So native will come before American. Traditional is used as an adjective for stories. This is a case of misplaced modifiers.Hence 1 is the correct choice.

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Of the many problems that confront the leaders of the world B) none are of grave consequence than the problem of saving
C) the normal human race from extinction. D) No error
 
Answer & Explanation Answer: B) none are of grave consequence than the problem of saving

Explanation:

Error is in second part. Replace ‘grave’ with ‘graver’. Since problems are being compared in the given sentence we will use the comparative form of ‘grave’ that is ‘graver’.

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.
I will write an essay.

A) An essay will have been written by me. B) An essay will be written by me.
C) An essay has been written by me. D) An essay had been written by me.
 
Answer & Explanation Answer: B) An essay will be written by me.

Explanation:
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