Questions

Q:

The existence of a parallel economy (black money) ___________.

A) makes economy more competitive B) makes the monetary policies less effective
C) ensures a better distribution of income and wealth D) ensures increasing productive investment
 
Answer & Explanation Answer: B) makes the monetary policies less effective

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Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs B) price = average profit
C) price = marginal costs = minimum average total costs D) price = minimum average variable costs
 
Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

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Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist B) Socialist
C) Mixed D) Both Capitalist and Socialist
 
Answer & Explanation Answer: A) Capitalist

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Q:

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

A) Deflation B) Stagflation
C) Recession D) Depression
 
Answer & Explanation Answer: B) Stagflation

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Q:

"Sunrise Industries” are industries _____________

A) which are well developed and have ample scope for further development   B) which improve export performance of the country  
C) which small-scale industries   D) which have high growth potential and meet further requirements of the economy  
 
Answer & Explanation Answer: D) which have high growth potential and meet further requirements of the economy  

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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.

 

_______________ the course of the development of different life-forms heredity—which, in plain English, is unconscious memory generated in the first life-form and ______________ through all the different species—is the sole factor in the ____________ of the parent properties; while adaptation to surrounding conditions and circumstances, natural selection in the struggle _____________ existence, and partner selection in the struggle of the males for ____________ are the principal factors in the differentiation of species.

 

in the first life-form and ______________ through all the

 

A) transmit B) transmitting
C) to transmit D) transmitted
 
Answer & Explanation Answer: D) transmitted

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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.

 

The new claim that ______________ out of misplaced confidence that all that is in education can be ______________ is that the ‘per unit cost of outcome’ is lower in private schools. Meaning that even _________ the learning outcomes of private schools are not better _____________ the public schools, the cost _______________ running private schools is much lower.

 

better _____________ the public schools

 

A) then B) than
C) to D) as
 
Answer & Explanation Answer: B) than

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Rotund

 

A) Fat   B) Broad  
C) Dumpy   D) Slim
 
Answer & Explanation Answer: D) Slim

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Filed Under: English
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