Questions

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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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 express the same sentence in Indirect/Direct speech.

Ajit said to the policeman, 'What have I done to deserve so severe a punishment?'

 

A) Ajit asked the policeman that, what he has done to be deserving so severe a punishment. B) Ajit asked the policeman that, what he has done to deserve so severe a punishment.
C) Ajit asked the policeman that, what he had done to deserve so severe a punishment. D) Ajit asked the policeman what he had done to deserve so severe a punishment.
 
Answer & Explanation Answer: D) Ajit asked the policeman what he had done to deserve so severe a punishment.

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Q:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Q:

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

A) 5% B) 10%
C) 2% D) 15%
 
Answer & Explanation Answer: C) 2%

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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:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

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Q:

Which of the following meals is NOT obtained by reduction using carbon?

A) Copper B) Sodium
C) Iron D) Zinc
 
Answer & Explanation Answer: B) Sodium

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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.

on this earth. Everyman tends to define a happy life in a _____ individualistic fashion.

A) distinctly B) identically
C) similar D) serious
 
Answer & Explanation Answer: A) distinctly

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