Questions

Q:

The demand for a inferior good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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Q:

At the equilibrium price

A) quantity demanded is equal to quantity supplied B) quantity demanded is greater than quantity supplied
C) price elasticity of demand is unity D) elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: A) quantity demanded is equal to quantity supplied

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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.

 

Several countries ___________________ the world are now replacing the __________________ model of criminal justice partly _____________________ wholly with different models of restorative justice, _____________________ promising results in crime control. The process is more collaborative, consensual and inclusive, that is characteristic ____________________ indigenous systems of justice.

 

_____________________ promising results in crime control.

 

A) to yield B) yielding
C) for yielding D) yields
 
Answer & Explanation Answer: B) yielding

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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.

 

It is a delight _______________ the illuminating thoughts which came to the minds of these men; and, on the other hand, it is amusing to see how ________________ they launched ________________ on boundless seas when they were unprovided with chart and compass. They were _________ brilliant children, who know little of the dangers of the great world, but are ready to undertake anything. These philosophers regarded all knowledge as their province, and did __________ despair of governing so great a realm.

 

It is a delight _______________ the illuminating thoughts

 

A) discover B) discovery
C) rediscover D)  to discover
 
Answer & Explanation Answer: D)  to discover

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Mollify

 

A) Pacify B) Agitate
C) Provoke D) Worry
 
Answer & Explanation Answer: A) Pacify

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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.

 

Once ______________, it is that time of the year when the examination results season may be just ending and the admissions season is in progress, and marked by a _________________ of two contradictory voices — often from the same people — that rose to deafening ____________ from April to May when the results of various school boards _________________. The first voice __________________ those who succeeded and did wondrously well.

 

rose to deafening ____________ from April to May

 

A) level B) levels
C) height D) crescendos
 
Answer & Explanation Answer: B) levels

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Q:

During an emergency all of the following fundamental rights are suspended, except

A) freedom of association B) freedom of speech and expression
C) personal liberty D) freedom of assembly without arms
 
Answer & Explanation Answer: C) personal liberty

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