Questions

Q:

An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

A) same B) higher
C) lower D) minimum
 
Answer & Explanation Answer: A) same

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Q:

__________ resources are those resources whose quantity is known.

A) Natural resources B) Actual resources
C) Potential resources D) Abiotic resources
 
Answer & Explanation Answer: B) Actual resources

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Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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Q:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

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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- Granted, political defection is increasingly less an act of ideological defiance than one of pure opportunism.

Q- Yet, for all it flaws, the current law recognizes and respects one fundamental principle: The right to dissent.

R- A blanket ban on defection will weaken rather than strengthen democracy, in whose name it is being sought to be imposed.

S- Granted also that it is illogical to allow a third of the party to split but not in a lesser number.

A) RPSQ B) PSRQ
C) RSPQ D) PRSQ
 
Answer & Explanation Answer: A) RPSQ

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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.
Language, they say, is the _____ through which human beings perceive the world. If so, English is perhaps the most _____ lens through which to see animals. It has _____ a cross eyed view of birds, beasts, fish and fowl. The very word “animal” can _____ the brutish and the sensual. Animal _____ imply baseness and vulgarity.
Animal _____ imply baseness and vulgarity.

A) breeding B) gestures
C) instincts D) species
 
Answer & Explanation Answer: C) instincts

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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) It B) was raining
C) cats and dogs. D) No error
 
Answer & Explanation Answer: D) No error

Explanation:

The given sentence is grammatically correct and there is no error.

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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.

Morality is _____ with ethics and symbolises the doctrine of actions right or wrong. Politics is the _____ of expediency and need not always be _____. If something is wrong and _____ expedient, it cannot be _____.

Politics is the _____ of expediency

A) source B) collection
C) requirement D) notion
 
Answer & Explanation Answer: D) notion

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