Questions

Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

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

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Q:

Which of the following is considered a "diversified" investment?

A) Index Fund B) Mutual Fund
C) Both of these D) Neither of these
 
Answer & Explanation Answer: C) Both of these

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Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales D) How long it takes to sell merchandise inventory
 
Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

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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- For however elusively, it still knew of harbours and anchors, of homes to which to return, and of barns in which to store the harvest.
Q- The works of the early Renaissance and the poetry of Shakespeare vibrate with the compassion for live experience in danger of dying from exposure and neglect.
R- Yes, it was a genius of courage, not of desperate audacity.
S- In this compassion was the creative genius of the age.

A) SQRP B) PRSQ
C) QSRP D) RSPQ
 
Answer & Explanation Answer: C) QSRP

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Q:

In the following question, a sentence / a part of sentence is underlined. Below are given alternatives to the underlined part which may improve the
sentence. Choose the correct alternative. In case no improvement is required, choose "No Improvement" option.

 

I think so she will come to the party.

A) So I think she will come to the party. B) I am thinking she will come to the party.
C) I think she will come to the party. D) No improvement
 
Answer & Explanation Answer: C) I think she will come to the party.

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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.


to reluctantly _____________ for an imperfect policeman

A) decide B) pay
C) adjust D) settle
 
Answer & Explanation Answer: D) settle

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Q:

Which country hosted the Asian Women's Boxing Championship in 2017 when India's iconic boxer Mary Kom won gold?

A) Vietnam B) China
C) Indonesia D) Japan
 
Answer & Explanation Answer: A) Vietnam

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 


A lot on your plate

 

A) A greedy person will collect more food than he can eat. B)  A hungry person will devour if presented with food.
C)  To have a large number of problems to deal with. D) To be an expert in multi-tasking.
 
Answer & Explanation Answer: C)  To have a large number of problems to deal with.

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