Questions

Q:

What does the term 'Call Money' refer to?

A) A loan made for a very short period of a few days or aweek B) Student loans to help cover the cost of highereducation
C) Loans to allow consumers to buy homes they can'tpay for upfront D) Personal loans for any personal expenses which don'thave a designated purpose
 
Answer & Explanation Answer: A) A loan made for a very short period of a few days or aweek

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

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

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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.


Fraternity, then, was meant to complement civil rights, _______________ to destroy them. The _____________________ framers did not use this symbolic term for a court to come along 66 years _________________, and ______________________ it for the purposes of subordinating individual rights to some mythic notion of community harmony, entirely submerging the individual _______________ the society.


a court to come along 66 years _________________,

A) late B) lately
C) later D) latest
 
Answer & Explanation Answer: C) later

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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.


The scene will now shift to obtaining __________________ instruments of ratification to bring the agreement into force _________________ 2020, the first year of its________________ implementation. The agreement will enter into force with the ratification of ______________ 55 countries, whose aggregate greenhouse gas (GHG) emissions ________________ at least 55 per cent of global emissions.


The scene will now shift to obtaining __________________ instruments

A) enough B) full
C) lavish D) comfortable
 
Answer & Explanation Answer: A) enough

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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.


An ideal policeman is a myth. You come __________ him only in crime fiction. ____________ elusive is 'good policing', an idea ___________ even the best of criminal justice thinkers have found it difficult to define. This is why, in what is a chaotic world, we have to reluctantly _____________ for an imperfect policeman and ________ inadequate system.


You come __________ him only in crime fiction.

A) over B) cross
C) across D) to
 
Answer & Explanation Answer: C) across

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Q:

In the following question, correct the equation by interchanging two signs.

9 x 3 + 8 ÷ 4 – 7 = 28

A) x and – B) + and –
C) ÷ and + D) x and ÷
 
Answer & Explanation Answer: D) x and ÷

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Q:

The famous tennis player Steffi Graf belongs to which among the following countries?

A) USA B) England
C) Germany D) Switzerland
 
Answer & Explanation Answer: C) Germany

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