Questions

Q:

In the following question, sentence given with blank is 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 investment bankers worked with the management of both the merging companies to ___________ a consensus on the merger terms.

A) express B) emerge
C) elucidate D) reach
 
Answer & Explanation Answer: D) reach

Explanation:
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Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 

1. Vinoo was to leave for Hyderabad by the 5 o'clock train.
P. Quickly, both got the luggage in and the train began to move.
Q. He drove to the station and reached a few minutes before the train was to leave.
R. However, Vinoo had a busy schedule on that day and could leave the office only around 4:45 PM.
S. He rushed on to the platform and found his friend waiting near their compartment.

6. Vinoo heaved a sigh of relief and settled down to enjoy the journey.

A) PQSR B) RSQP
C) SQPR D) RQSP
 
Answer & Explanation Answer: D) RQSP

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Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 

1. It was my first day in college.
P. They took me to their room.
Q. As I entered, two seniors approached me.
R. I was happy to follow them.
S. They offered to help me to locate my classroom.
6. There they forced me to part with my money and the wrist watch.

 

A) PRQS B) RPQS
C) QSRP D) SPQR
 
Answer & Explanation Answer: C) QSRP

Explanation:
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Q:

___________ is an alternative way of representing the production function.

A) The Short Run B) The Long Run
C) Isoquant D) Average product
 
Answer & Explanation Answer: C) Isoquant

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Filed Under: Indian Economy
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Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good B) normal good
C) exclusive good D) inferior good
 
Answer & Explanation Answer: D) inferior good

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) All of them B) speak
C) good english D) No error
 
Answer & Explanation Answer: C) good english

Explanation:

The error is in third part. Replace ‘good’ with ‘correct’. English is not good or bad, but it can be correct or incorrect. We can also say ‘All of them speak English well’, or ‘All of them speak fluent English’. The error remains in part c.

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Q:

ΔABC is similar to ΔDEF. If the ratio of similar sides is K:1, the ratio of their areas is

A) k2:1 B) 2k:1
C) k22:1 D) 2k2:1
 
Answer & Explanation Answer: A) k2:1

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Q:

TRIPS Agreement pertains to 

A) international tariff regime B) intellectual property protection
C) international practices on trade facilitation D) international taxation of property
 
Answer & Explanation Answer: B) intellectual property protection

Explanation:

The Agreement   on   Trade-Related Aspects   of   Intellectual   Property Rights(TRIPS)   is   an international legal   agreement between   all   the member    nations    of    the World Trade  Organization(WTO).  It  sets down  minimum  standards  for  the regulation by national governments of    many    forms    of intellectual property(IP) as applied to nationals  of  other  WTO  member nations.TRIPS  was  negotiated  at the  end  of  the  Uruguay  Round  of the General  Agreement  on  Tariffs and  Trade  (GATT)  in  1994  and  is administered by the WTO

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