Questions

Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

Explanation:
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Filed Under: Indian Economy
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Q:

_____ reproduces by multiple fission.

A) Plasmodium B) Rhizopus
C) Yeast D) Planaria
 
Answer & Explanation Answer: A) Plasmodium

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Filed Under: Biology
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Q:

Western blot is the diagnostic test for

A) Plague B) Leprosy
C) HIV D) Typhoid
 
Answer & Explanation Answer: C) HIV

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Filed Under: Biology
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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) One of the most interesting feature of travel in Himachal Pradesh is B) is the large number of travellers’ lodges
C) provided by the State Government. D) No error
 
Answer & Explanation Answer: A) One of the most interesting feature of travel in Himachal Pradesh is

Explanation:

The error is in first part. ‘One of the’ should always be followed by a plural noun, expressing that the speaker chooses one from many. Hence ‘features of travel’ is the correct expression, indicating that there are many interesting features about Himachal Pradesh but the most interesting one among them is the provision of large number of travelers’ lodges.

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Filed Under: English
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Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist. B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole. D) The life insurance industry has been destroyed by high and uncertain inflation as well.
 
Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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Q:

What is the effective discount (in %) on two successive discounts of 20% and 10%?

A) 30 B) 32
C) 35 D) 28
 
Answer & Explanation Answer: D) 28

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Q:

Which Indian-American is the chairman of the prestigious Federal Communications Commission (FCC) of the United States as of March 2018?

A) Neomi Rao B) Seema Verma
C) Ajit Pai D) Neil Chatterjee
 
Answer & Explanation Answer: C) Ajit Pai

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Q:

Who proposed the Scientific Management School of thought as opposed to the Administrative Management School of thought?

A) Henry Fayol B) Frederick Taylor
C) Peter Drucker D) Max Weber
 
Answer & Explanation Answer: B) Frederick Taylor

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