Questions

Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.
Get up on the wrong side of the bed

A) Make a wrong decision and regret it for the rest of the life B) Start the day in a bad mood, which continues all day long
C) Have a sleepless night especially due to worries D) Suffer an uncomfortable stay at an unfamiliar place
 
Answer & Explanation Answer: B) Start the day in a bad mood, which continues all day long

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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 Troubled Asset Relief Program (TARP), the government had purchased assets of struggling banks with a view _______________ ensuring that they did not collapse taking ____________________ them the rest of the financial system. These assets __________________ later at a profit by the government! The U.S. government had acted smartly, while in the Indian case the banks now find themselves ______________________ with loans made by them to an individual with negative net worth.

they did not collapse taking ____________________ them the rest of the financial system.

A) from B) all
C) along with D) also with
 
Answer & Explanation Answer: C) along 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 expresses the same sentence in Indirect/Direct speech.

 

My sister said to me, "You didn't help me yesterday so I will not help you now."

A) My sister said to me that I had not helped her the day before so she would not help me then. B) My sister said to me that I have not helped her the day before so she would not help me now.
C) My sister said to me that I have not helped her yesterday so she would not help me then. D) My sister said to me that I had not helped her yesterday so she would not help me now.
 
Answer & Explanation Answer: A) My sister said to me that I had not helped her the day before so she would not help me then.

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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.


Democracy should _____ dignity of the individual. It should also aim at the _____ good of the greatest _____. The opposition party should _____ the wrong plans,
policies and decisions of the government in power. The government should cater to the _____ needs of the people to make its position solid.


of the greatest _____. The opposition party

A) people B) digit
C) number D)  individual
 
Answer & Explanation Answer: C) number

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Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3% B) 10%
C) 2.50% D) 7%
 
Answer & Explanation Answer: B) 10%

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Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Q:

What denotes offering several products for sale as one combined product?

A) Advertisement B) Product mix
C) Product bundling D) Differentiation
 
Answer & Explanation Answer: C) Product bundling

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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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