Questions

Q:

Which among the following is an example of micro-economic variable?

A) National Income B) Aggregate Supply
C) Employment D) Consumer's Equilibrium
 
Answer & Explanation Answer: D) Consumer's Equilibrium

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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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:

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.

 

Photography is the _____________ we can get to stopping time. The camera is our pause button, the cork we use to stop time from running out. And the photo album is the most potent time machine ever ____________, one that transports you to a curated past where everything exists ________ you choose to remember it,one that lets you revisit ________ just people and places and ages, but the hidden crannies of ________ own memory and the strange landscape of emotions that lies beyond.

 

Photography is the _____________ we can get to stopping time.

A)  close B) closest
C) closeness D) closely
 
Answer & Explanation Answer: B) closest

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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.


My tooth-brush is a thing that haunts me when I’m travelling, and ____________ my life a misery. I _____________ that I haven’t packed it, and wake up in a cold ________________, and get out of bed and hunt for it. And, in the morning, I pack it before I have used it, and have to unpack again to get it, and it is always the last thing I turn out of the bag; and _____________ I repack and forget it, and have to rush upstairs ___________ it at the last moment and carry it to the railway station, wrapped up in my pocket-handkerchief. Of course I had to turn every mortal thing out now, and, of course, I could not find it.


I _____________ that I haven’t packed it,

A) dream B) dreams
C) dreaming D) dreamer
 
Answer & Explanation Answer: A) dream

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: This would bring a sense of closure to an issue that has seen about two decades of wrangling.
Q: By clearing the path for 49 percent foreign investment in Air India (AI), the Centre has finally decided to push ahead on its privatisation.
R: While the parliamentary standing committee on AI privatisation is yet to express its views, a sort of political consensus appears to be close at hand.
S: There cannot be a more opportune time to push ahead with disinvestment; this, ironically, is despite the fact that the airline has improved its operational  performance.

A) SPQR B) PSQR
C) QPRS D) PRQS
 
Answer & Explanation Answer: C) QPRS

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Q:

The famous Sanchi Stupa was commissioned by

A) Bindusara B) Ashoka
C) Chandragupta Maurya D) Kanishka
 
Answer & Explanation Answer: B) Ashoka

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Q:

Who was awarded the 2018 Padama Bhushan Award in the field of Art-Music?

A) Anuradha Paudwal B) R. Sathyanarayan
C) Sharda Sinha D) Ibrahim Sultan
 
Answer & Explanation Answer: C) Sharda Sinha

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