Questions

Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

A) (a) Pure competition, (b) Pure Monopoly B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Oligopoly D) (a) Monopolistic competition, (b) Oligopoly
 
Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Oligopoly

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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

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

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Q:

Each  of  the  following  questions has   four   statements.   Three   are   logically correct.  Some  of  which  may  look  factually absurd.  Ignore  this  absurdity  and  look  to  the logical   corrections.   Choose   the   statement which is wrong or doubtful:-

A) All   books   can   read.   Some   pencils   are books. All pencils are clever.Therefore, all clever cannot read. B) Some  who  fail  are  stupid.  Some  criminals are stupid. Therefore, all criminalsfail.
C) Some   liar   are   thieves.   All   thieves   are criminals. Therefore, some liars are criminals. D) All that is given is black. Trees are green.Therefore, trees are black.
 
Answer & Explanation Answer: A) All   books   can   read.   Some   pencils   are books. All pencils are clever.Therefore, all clever cannot read.

Explanation:
There are all positive sentences so we cannot conclude negative sentence.
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Q:

In the following questions, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Education is for life, not merely for a livelihood. As long as we are unmindful of this _____, the _____ of our educational curriculum as well as that of our _____ and students is likely to remain _____. It is not enough for a society to have experts. It needs human beings who can think, feel and act generously, the kind of people who cannot be replaced by computers and _____.

that of our _____ and students

A) friends B) ideals
C) parents D)  teachers
 
Answer & Explanation Answer: D)  teachers

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Q:

The oldest oil field in Asia is located in

A) Gujarat B) Assam
C) Arunachal Pradesh D) Nagaland
 
Answer & Explanation Answer: B) Assam

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Q:

The 2017 Brahmaputra Literary Festival was hosted by which city?

A) Lucknow B) Kolkata
C) Shillong D) Guwahati
 
Answer & Explanation Answer: D) Guwahati

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Q:

The demand for a normal good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: A) increase

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement isneeded, select "no improvement".

My daughter (comes running) as fast as her little feet can take her while her eyes sparkle vivaciously

A) comes run B) come running
C) came run D) no improvement
 
Answer & Explanation Answer: D) no improvement

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