Questions

Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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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:

In October 2017, RBI planned to make ______ compulsory for companies having aggregate exposure over Rs 5 crore.

A) Index Identifier B) Economic Fund Identifier
C) Legal Entity Identifier D) No option is correct
 
Answer & Explanation Answer: C) Legal Entity Identifier

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Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question, choose the correct alternative and click the button corresponding to it.
Pour the juice _____ the glass.

A) in B) into
C) onto D) on
 
Answer & Explanation Answer: B) into

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P- And if I think about something which didn't happen I start thinking about all the other things which didn't happen.
Q- But there is only ever one thing which happened at a particular time and a particular place.
R- And there are an infinite number of things which didn't happen at that time and that place.
S- A lie is when you say something happened which didn't happen.

A) QSRP B) SQPR
C) SRQP D) SQRP
 
Answer & Explanation Answer: D) SQRP

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Q:

In the following question, 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.
Don’t loiter _____ the corridor.

A) around B) off
C) of D) at
 
Answer & Explanation Answer: A) around

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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.

It is not _____ to ignore all allegations of booth capturing and rigging as murmurs of _____ losers. _____ have come to light of intimidation of whole villages and communities to make them vote for a particular candidate or party. At times election officials have been _____ by unscrupulous politicians into turning a blind eye to _____ practices.

and rigging as murmurs of _____ losers.

A) rational B) disgruntled
C) huge D) idealist
 
Answer & Explanation Answer: B) disgruntled

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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: If we manage our time effectively we can accomplish all the activities and tasks we wish to.
Q: It is important that we draw up a time table that we can adopt practically.
R: If we can stick to the time table we can then succeed in achieving our goals whether they are in the short term or long term.
S: This requires drawing up a practicable time table.

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

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