Questions

Q:

A price floor is _____.

A) a maximum legal price B) a minimum legal price
C) the price where demand equals supply D) the price where elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: B) a minimum legal price

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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Q:

Look at the underlined part of each sentence. Below each sentence are given three possible substitutions for the underlined part. If one of them (a), (b) or (c) is better than the underlined part, indicate your response on the Answer Sheet against the corresponding letter. If none of the substitutions imporves the sentence, indicate (d) as your response on the Answer Sheet.

I was living in Chennai for ten years when I was a child.

A) had lived B) lived
C) had been living D) No improvement
 
Answer & Explanation Answer: A) had lived

Explanation:

The event of living in Chennai is over long back, hence the sentence is in past perfect tense. ‘had lived’ will be the correct expression.

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.
Of a disease or poison extremely severe or harmful in its effects

A) Innocuous B) Virulent
C) Naive D) Inoffensive
 
Answer & Explanation Answer: B) Virulent

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.

 

The powerful headlights of the truck blinded me for a while.

A) Blinding of me was done by the powerful headlights for a while. B) I was blinded for a while by the powerful headlights of the truck.
C) I myself was blinded by the headlights of the truck which were powerful. D) The powerful headlight belonging to the truck have had me blinded.
 
Answer & Explanation Answer: B) I was blinded for a while by the powerful headlights of the truck.

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

You occasionally stop to admire the intellectual (1)/ scenery, or you sometimes retrace your steps (2)/ to make sure you had seen everything. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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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.


My tooth-brush is a thing that haunts me when I’m travelling, and ____________ my life a misery. I _____________ that I haven’t packed it, and wake up in a cold ________________, and get out of bed and hunt for it. And, in the morning, I pack it before I have used it, and have to unpack again to get it, and it is always the last thing I turn out of the bag; and _____________ I repack and forget it, and have to rush upstairs ___________ it at the last moment and carry it to the railway station, wrapped up in my pocket-handkerchief. Of course I had to turn every mortal thing out now, and, of course, I could not find it.


have to rush upstairs ___________ it at the last moment

A) for B) of
C) from D) form
 
Answer & Explanation Answer: A) for

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Q:

The bar graph shows the annual sales of the different departments of a company. Study the diagram and answer the following questions

What is the ratio of the annual sales of department B to that of department F?

A) 12:7 B) 7:12
C) 12:5 D) 5:12
 
Answer & Explanation Answer: A) 12:7

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