Questions

Q:

For a price taking firm, average revenue is ______ market price.

A) half of B) equal to
C) double of D) less than
 
Answer & Explanation Answer: B) equal to

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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 of the following is NOT included in general methodology while assessing the national income?

A) Pension B) Investment Expenditure
C) Value added D) Consumption Expenditure
 
Answer & Explanation Answer: A) Pension

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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 quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

The quest for a _____ life engrosses every human being

A) simple B) sad
C) happy D) real
 
Answer & Explanation Answer: C) happy

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case noimprovement is needed, select "no improvement".

Opening the door to her each morning is like (lets) a breath of fresh air into my world.

A) let B) to let
C) letting D) no improvement
 
Answer & Explanation Answer: C) letting

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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.

 

The payment of dues have been _________ delayed , informed the executive to the client.

 

A) incredibly B) crazily
C) amazingly D) unduly
 
Answer & Explanation Answer: D) unduly

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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.

 

They are going to watch a drama tomorrow.

 

A) A drama is going to be watched by them tomorrow. B) A drama will be watched by them tomorrow.
C) A drama was going to be watched by them tomorrow. D) Tomorrow the drama is going to be watched by them.
 
Answer & Explanation Answer: A) A drama is going to be watched by them tomorrow.

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Q:

All this does not bode _______________ for even the loosest definitions of cosmopolitanism. A city by definition is a space, as ________________ historians and sociologists have already told us, which ideally privileges and _________________ the unexpected encounter, and calls on its citizens to be able to respond humanely even to those _______________ are not linked to us in familial, ethnic, nationalist or caste ___________________.

 

respond humanely even to those _______________ are not linked to us in familial

 

A) who B) whom
C) whose D) whoever
 
Answer & Explanation Answer: A) who

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