Questions

Q:

In the following question, out of the given four alternatives, select the alternative which best expresses the meaning of the Idiom/Phrase.

Catch 22

A) A Particular situation in which one cannot do anything B) Close to winning line
C) Able to achieve the target D) Grabbing the opportunity on time
 
Answer & Explanation Answer: A) A Particular situation in which one cannot do anything

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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 is needed, select "no improvement".

That must (being) really difficult for you.

A) has been B) have been
C) been D) no improvement
 
Answer & Explanation Answer: B) have been

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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.

 

_____________ nearly eight decades, the women's movement __________ and debated the desirability and feasibility of a Uniform Civil Code, and has ended up ___________ a simple question — what is the value of uniformity? Is it for the "integrity of the nation" that uniformity in laws is required, as some judicial pronouncements ___________? If so, who exactly is the beneficiary? Which sections of people benefit from "integrity of the nation", that abstract entity which is not exactly _______ the top of your mind as your husband throws you out on the street?

 

and has ended up ___________ a simple question — what is the value of uniformity?

A) holding B) positioning
C) posturing D) posing
 
Answer & Explanation Answer: D) posing

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

The Management Committee (A)/ was divided (B)/ in their opinion. (C)/ No Error (D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: B) B

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Q:

For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .

A) Capital Market B) Money Market
C) Bullion Market D) wholesale cash market
 
Answer & Explanation Answer: C) Bullion Market

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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the average revenue is zero.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: A) Perfect Competition

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Q:

Economic reasoning is based on the premise that

A) only economic decisions or actions have a cost associated with them B) all decisions and actions have a cost associated with them
C) all decisions or actions are costless because costs shared among decision-makers D) only decisions or actions that involve money have a cost associated with them
 
Answer & Explanation Answer: B) all decisions and actions have a cost associated with them

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