Questions

Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Q:

The demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient D) indicates that there is a direct relationship between quantity demanded and price
 
Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

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Q:

How many players, on each side, are required for the game of volleyball?

A) 6 B) 8
C) 5 D) 7
 
Answer & Explanation Answer: A) 6

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Q:

In each of the following questions, a question is followed by information given in three statements. You have to decide the information given in which of the statements
is necessary and sufficient to answer the questions:


A, B, C, D and E are sitting in a circle. Are all of them facing the centre?


I. A is sitting second to the right of D; C is facing the centre and is not an immediate neighbour of D.
II. B, who is sitting between C and D, is second to the right of E, who is not an immediate neighbour of C. B and A are facing each other.
III. D is sitting on the immediate left of B, who is not sitting on the immediate left of A. E is on the immediate right of D.

A) Only I and II B) Only I and III
C) Either I and II, or III D) Any two of the three
 
Answer & Explanation Answer: D) Any two of the three

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

A period of time during which a person that might have a disease is kept away from other people so that the disease cannot spread

 

A) solitude B) seclusion
C) quarantine D) desolate
 
Answer & Explanation Answer: C) quarantine

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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

 

A) humanitarianism   B) humanitariaesm  
C) humaniterianism   D) humaniteriaesm
 
Answer & Explanation Answer: A) humanitarianism  

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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 no improvement is needed, select "no improvement".

 

His friends claimed that he (been depressed) for a few months.

 

A) had being depressed B) had been depressed
C) had been depress D) no improvement
 
Answer & Explanation Answer: B) had been depressed

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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 no improvement is needed, select "no improvement".

 

I wouldn’t (has dared) to venture into such a scene.

 

A) have dared B) have dare
C) had dare D) no improvement  
 
Answer & Explanation Answer: A) have dared

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