Questions

Q:

A beedi making workshop can hire 5 women by paying them Rs. 300 per day. The 6th woman demands Rs. 350 per day. If this woman is hired then all other women must be paid Rs. 350. The marginal resource (labour) cost of the 6th woman is

A) Rs. 600 B) Rs. 50
C) Rs. 300 D) Rs. 100
 
Answer & Explanation Answer: A) Rs. 600

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Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24 B) 18
C) 36 D) 60
 
Answer & Explanation Answer: C) 36

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Q:

Buying and Selling products are examples of

A) investing activities. B) operating activities.
C) delivering activities. D) financing activities.
 
Answer & Explanation Answer: B) operating activities.

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Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production D) the market value of the annual output net of consumption of fixed capital
 
Answer & Explanation Answer: A) income received by households less personal taxes

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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 course of the development of different life-forms heredity—which, in plain English, is unconscious memory generated in the first life-form and ______________ through all the different species—is the sole factor in the ____________ of the parent properties; while adaptation to surrounding conditions and circumstances, natural selection in the struggle _____________ existence, and partner selection in the struggle of the males for ____________ are the principal factors in the differentiation of species.

 

_______________ the course of the development of different life-forms heredity

 

A) Into B) In
C) Inside D) Onto
 
Answer & Explanation Answer: B) In

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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.

 

Crocodile tears

 

A) To feel sad for another person's misfortunes B) To laugh so much that your eyes start to water
C) A person whose sadness is never noticed D) Expressions of sorrow that are insincere
 
Answer & Explanation Answer: D) Expressions of sorrow that are insincere

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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.

 

A century later, the philosophy community needs to take __________ the new challenge of moral deliberation on the most pressing issues of our difficult times. We have to revoke the suspension of ethics and morality ____________ our lives by initiating a dialogue on it. Foregrounding ethics, however, ___________ means undermining the epistemological or ontological questions that are inevitably there. One such beginning can be made by anchoring moral ________________ in fairness and justice —one founded on obligatory fairness towards the people and the planet, towards the earth and the environment, and above all justice towards one_________.

 

by anchoring moral ________________ in fairness

 

A) responsibility B) responsible
C) responsibly D) responsory
 
Answer & Explanation Answer: A) responsibility

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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.

 

Without habit, personality could not exist; for we could never do a thing twice alike, and ___________ would be a new person each succeeding moment. The acts which give us our own peculiar _____________ are our habitual acts--the little things that do themselves moment by moment without care or attention, and are the truest and best expression of our real selves. Probably _______ one of us could be very sure which arm he puts ________ the sleeve, or which foot he puts into the shoe, first; and yet each of us ____________ formed the habit long ago of doing these things in a certain way.

 

Probably _______ one of us could

 

A) negative B) never
C) no D) nor
 
Answer & Explanation Answer: C) no

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