Questions

Q:

A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Filed Under: Indian Economy
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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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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:

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- In that frame of mind, we have little sense of identity, safety or security.
Q- Courage is required to explore our secret life because we must first withdraw from the social mirror, where we are fed positive and negative feedback
continuously.
S- As we get used to this social feedback, it becomes a comfort zone.
R- And we may opt to avoid self examination and idle away our time in a vacuum of reverie and rationalization.

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

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Filed Under: English
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Q:

In this section, each of the following sentences has a blank space and four words are given below it. select the word or group of words you consider most appropriate for the blank space and indicate your response on the Answer Sheet accordingly.

 

He _________ the role of the organization in creating environmental awareness among the people.

A) collaborated B) commanded
C) contrasted D) commended
 
Answer & Explanation Answer: D) commended

Explanation:

Commended, commended means appreciated. Collaborated, commanded and contrasted are out of context. Collaborated means to work jointly with others. Commanded mean to direct authoritatively. Contrasted means compared or appraised in respect to differences.

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Filed Under: English
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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 scenario _________________ dramatically today. We have the ___________________ of powerful Internet monopolies that are much bigger ________________ the telcos. Not surprisingly, these companies now see the _______________ of monopoly. They would like to combine with telcos to create monopolies for their platforms, ensuring that they control the future of the Internet and freeze their competition ____________.


monopolies that are much bigger ________________ the telcos

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

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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'.
The Directors are(A)/now inquiring(B)/in the cause of the fire.(C)/No error(D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: C) C

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Filed Under: English
Exam Prep: Bank Exams , CAT

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Q:

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

 

I read the story in one night.

A) The story had been read by me in one night. B) The story has been read by me in one night.
C) In one night the story has been read by me. D) The story was read by me in one night.
 
Answer & Explanation Answer: D) The story was read by me in one night.

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