Questions

Q:

Which among the following is an example of micro-economic variable?

A) National Income B) Aggregate Supply
C) Employment D) Consumer's Equilibrium
 
Answer & Explanation Answer: D) Consumer's Equilibrium

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Q:

The demand curve facing a perfectly competitive firm is

A) downward sloping B) perfectly inelastic
C) a concave curve D) perfectly elastic
 
Answer & Explanation Answer: D) perfectly elastic

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Q:

In the given question, a statement divided into different segments is given. The first segment is fixed, rearrange the other segments to form a coherent statement.

The dissolution of the assembly/ in the state which was (P)/ was followed by a prolonged (Q)/ already marred with political instability (R)/ tug of war for seizing the power (S)

A) RSPQ B) QSRP
C) PSRQ D) PRQS
 
Answer & Explanation Answer: D) PRQS

Explanation:

Clearly, R and S can't follow the first segment. This eliminates option 1.

Option 2: It is incorrect since P ends with was, which can't be used to end the statement.

Option 3: It is incorrect since the statement can't end in 'by a prolonged'.

Option 4: It makes a coherent statement; hence put it on hold.

Option 5: It is incorrect because P ends in 'was' and Q begins with 'was'.

Two 'was' can't be used together. Hence, the correct sequence is PRQS.

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Q:

In the given question, a statement divided into different segments is given. The first segment is fixed, rearrange the other segments to form a coherent statement.

The federation was keen on maintaining an/ exclusive membership profile and thus introduced (P)/ segregational policies adopted by premier organizations (Q)/ an invite- only policy for the new entrants (R)/ causing a sudden outcry against the (S)

A) PRSQ B) SRPQ
C) PQRS D) QSRP
 
Answer & Explanation Answer: A) PRSQ

Explanation:

'an' at the end of the first fixed segment indicates that Q, R and S can't follow the first segment. This leaves us with only one choice i.e. P. This eliminates options 2, 4, and 5.

There are only two such options: option A1and 3. Option 3 can be eliminated since part S ends with 'the' which can't be used as the end of the master statement. Hence, the correct sequence is PRSQ

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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:

The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees)

A) 11,320 B) 12,000
C) 12,320 D) 12,500
 
Answer & Explanation Answer: C) 12,320

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