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Q:

The unemployment created at certain times of the year, when the demand for goods and services are lower than normal, is _____.

A) Cyclical unemployment B) Frictional unemployment
C) Seasonal unemployment D) Structural unemployment
 
Answer & Explanation Answer: C) Seasonal unemployment

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Filed Under: Indian Economy
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Q:

___________________________ is an Indian Government Savings Bond, primarily used for small savings and income tax saving investments in India.

A) Provident Fund B) Life Insurance Policies
C) National Saving Certificate D) Long term government bonds
 
Answer & Explanation Answer: C) National Saving Certificate

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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 basic to a democracy that its citizens remain in harmony _______ one another. At the very least, they should _______ treat each other as enemies. Enmity is spreadonly by vested interests that hope to thrive _________ polarising citizens. The ______________ between professed love for the country and infecting the people with hatred remains ignored. There is no instance in history of the policy of ‘divide and rule’ _____________ people’s welfare.

 

remain in harmony _______ one another.

 

A) to B) at
C) each D) with
 
Answer & Explanation Answer: D) with

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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 way criminal justice is designed and administered today _______________ serves any of the purposes for which it is set up: towards securing life and property. It does not ________________ criminals because of the delay and uncertainties involved in its processes and ridiculously ineffective punishments it imposes ____________________ those few who get convicted. It provides wide discretion to the police and the prosecution, __________________ the system vulnerable to corruption and manipulation and endangering basic ____________________ of innocent citizens.


today _______________ serves any of the purposes for which it is set up: towards securing life and property.

 

A) little B) only
C) hardly D) scantily
 
Answer & Explanation Answer: C) hardly

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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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Filed Under: Indian Economy
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Q:

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives.

Due to poor rainfall over the past few months, the vadu mangai season is expected to be short this year. There are two distinct varieties available in the vicinity of Coimbatore. The closest to Coimbatore, and the one that appears in the markets first, is the Thadagam variety. The second and more popular variety is the one from the Thirumoorthy Hills, near Udumalpet. Representatives from commercial pickle brands whisk these mangais away in big lots directly from the wholesalers. Only a small portion of the year's harvest trickles down to the local markets. Small vendors bring sacks full of these tiny tender mangoes to one particular street corner in Ram Nagar during the season. The corner of Rajaji Road and Sathyamurthy Road plays host to these vendors from as early as 7.00 am every day. Depending on the quantity they have, the mangais are available until around 11.00 am. If the vendors have a good day and their produce is sold quickly, they pack up and leave even as early as 9.00 am.

Why do local markets get only a small portion of the mango produce?

 

A) Commercial pickle companies buy the mangoes in huge quantities. B) The mangoes get sold as quickly as 9.00 am.
C) There are only three vendors in the local market. D) The sellers of the local market are just small vendors.
 
Answer & Explanation Answer: A) Commercial pickle companies buy the mangoes in huge quantities.

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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.


A saint or a satyagrahi is often put on a ___________, freezing her acts of goodness in time. Goodness acquires an act of fixed quality __________ in amber. Rather than _____________ a living creature, a saint or an icon becomes a hoarding, a permanent spectacle or a redundant quotation. Saintliness or heroism becomes a bundle of pictures in a calendar, a statue __________ inflexibly. Goodness becomes a stencil fixed _________ time.


Goodness becomes a stencil fixed _________ time.

A) of B) in
C) with D) about
 
Answer & Explanation Answer: B) in

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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- Epistemological idealists (such as Kant) might insist that the only things which can be directly known for certain are ideas.
Q- The approach to idealism by Western philosophers has been different to that of Eastern thinkers.
R- In much of Western thought (though not in such major Western thinkers as Plato and Hegel) the ideal relates to direct knowledge of
subjective mental ideas, or images.
S- It is then usually juxtaposed with realism in which the real is said to have absolute existence prior to and independent of our knowledge.

A) RQPS B) PQSR
C) PRQS D) QRSP
 
Answer & Explanation Answer: D) QRSP

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