Questions

Q:

If cash reserve ratio decreases, credit creation will _______.

A) increase B) decrease
C) does not change D) first decreases than increases
 
Answer & Explanation Answer: A) increase

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Q:

For a price taking firm, average revenue is ______ market price.

A) half of B) equal to
C) double of D) less than
 
Answer & Explanation Answer: B) equal to

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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market D) Raising and lowering the foreign exchange rate
 
Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Q:

Strait of Gibraltar connects which of the following?

A) Red Sea ­ Mediterranean Sea B) Red Sea ­ Arabian Sea
C) Atlantic Ocean ­ Mediterranean Sea D) Mediterranean Sea ­ Black Sea
 
Answer & Explanation Answer: C) Atlantic Ocean ­ Mediterranean Sea

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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.


Morality is _____ with ethics and symbolises the doctrine of actions right or wrong. Politics is the _____ of expediency and need not always be _____. If something is wrong and _____ expedient, it cannot be _____.


Morality is _____ with ethics and symbolises the doctrine of actions right or wrong.

A) discussed B) identified
C) recognised D)  rectified
 
Answer & Explanation Answer: B) identified

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Q:

Name the Russian chemist who stated that the properties of elements are a periodic function of their atomic masses?

A) Markovnikov B) Zelinsky
C) Mendeleev D) Zaitsev
 
Answer & Explanation Answer: C) Mendeleev

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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 very ___________________ of apologizing and forgiveness _________________ the importance of memory and the vitality of the community as a link between past, present and future. It ________________ the question of the responsibility ______________ the past and its injustices. Somehow for many politicians, the past is a different country for _________________ they have no responsibility.

 

the past is a different country for _________________ they have no responsibility.

 

A) that B) those
C) which D) whom
 
Answer & Explanation Answer: C) which

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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.

 

India is a country that loves decentralisation and it covers almost every ________________. I will focus ________________ the subject of tyranny. For example, look _______________ our police stations. We ____________________ a Hobbesian sovereign ruling over us. In political ___________________, one has what is called the concept of sovereignty which is discussed in Hobbesian terms.

 

For example, look _______________ our police stations

 

A) into B) upon
C) at D) towards
 
Answer & Explanation Answer: C) at

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