Questions

Q:

The demand curve facing a perfectly competitive firm is

A) downward sloping B) perfectly inelastic
C) a concave curve D) perfectly elastic
 
Answer & Explanation Answer: D) perfectly elastic

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Q:

The consumption schedule relates:

A) disposable income to domestic income. B) consumption to the level of disposable income.
C) consumption to saving. D) saving to the level of disposable income.
 
Answer & Explanation Answer: B) consumption to the level of disposable income.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

P- Granted, political defection is increasingly less an act of ideological defiance than one of pure opportunism.

Q- Yet, for all it flaws, the current law recognizes and respects one fundamental principle: The right to dissent.

R- A blanket ban on defection will weaken rather than strengthen democracy, in whose name it is being sought to be imposed.

S- Granted also that it is illogical to allow a third of the party to split but not in a lesser number.

A) RPSQ B) PSRQ
C) RSPQ D) PRSQ
 
Answer & Explanation Answer: A) RPSQ

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Q:

A piece of paper is folded and cut as shown below in the question figures. From the given answer figures, indicate how it will appear when opened.

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

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Q:

Which famous film actress and celebrity won the PETA 'Person of the Year' award in 2017?

A) Anushka Sharma B) Priyanka Chopra
C) Alia Bhatt D) Deepika Padukone
 
Answer & Explanation Answer: A) Anushka Sharma

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Filed Under: Honours and Awards
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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.

 

Worldwide, journalism and the news industry are struggling, in this digital age, to ________________ their relevance and value under profoundly changed and _________________ circumstances. In response ________________ the challenge, a strong view is forming within the profession that one way to ensure that the activities that __________________ journalism will continue to matter is to hone, strengthen, and develop its professional capabilities to perform certain __________________ tasks.

 

In response ________________ the challenge

 

A) to B) of
C) for D) about
 
Answer & Explanation Answer: A) to

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


When I think of my family's history on the land. I experience a pang of regret. Unlike much of the arid West, where the land has gone virtually unchanged for centuries, my place of origin, western Kansas, has been torn up by agriculture. The flat plains, excellent soil, and sparse but just adequate rainfall permitted farming; therefore farming prevailed, and a good 90% of the original sod prairie is gone. The consequence, in human terms, is that our relationship to our place has always felt primarily mercantile. We used the land and denied, or held at bay, its effect on us. Yet from my earliest childhood, when the most of the Kansas prairie was still intact, I 've known that the land also had a romantic quality. I've felt moved by the expanse of it , enthralled by size. I take pride in my identity as a plains daughter.

 

What does the author feel proud about?

 

A) being an American B) being a native of Kansas.
C) being able to see the romantic quality of the land. D) the ability to unite well.
 
Answer & Explanation Answer: B) being a native of Kansas.

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