Exams


Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

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Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question, choose the correct alternative and click the button corresponding to it.

Mount Everest has earned the _____ distinction of being the world's highest garbage dump.

A) marked B) disgusting
C) dubious D) dismal
 
Answer & Explanation Answer: C) dubious

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Q:

__________ resources are those resources whose quantity is known.

A) Natural resources B) Actual resources
C) Potential resources D) Abiotic resources
 
Answer & Explanation Answer: B) Actual resources

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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

Awareness means the capacity to see a coffee pot and hear the birds sing in one's own way, and not the way one was taught. It may be assumed on good grounds that seeing and hearing have a different quality for infants than for grownups and that they are more aesthetic and less intellectual in the first years of life. A little boy sees and hears birds with delight. Then the 'good father' comes along and feels he should 'share' the experience and help his son 'develop'. He says, "That's a jay and this is a sparrow." The moment the little boy is concerned with which is a jay and which is a sparrow, he can no longer see the birds or hear them sing. He has to see and hear them the way his father wants him to. Father has good reasons on his side: since few people can afford to go through life listening to the birds sing, sooner the little boy starts his 'education' the better. Maybe he will be an ornithologist when he grows up.


How do children perceive things around them?

A) Aesthetically B) Intellectually
C) Emotionally D) Morally
 
Answer & Explanation Answer: A) Aesthetically

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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.


An ideal policeman is a myth. You come __________ him only in crime fiction. ____________ elusive is 'good policing', an idea ___________ even the best of criminal justice thinkers have found it difficult to define. This is why, in what is a chaotic world, we have to reluctantly _____________ for an imperfect policeman and ________ inadequate system.


an idea ___________ even the best of criminal justice thinkers have found

A) that B) which
C) whom D) who
 
Answer & Explanation Answer: A) that

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Q:

A piece of paper is folded and cut as shown below in the question figures. From the given answer figures, indicate how it will appear when opened.

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

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Q:

In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

Statement 1 : Some wild are carnivores.
Statement 2 : All wild are lions.

Conclusion I : All carnivores are lions.
Conclusion II : Some lions are carnivores.

A) Only conclusion I follows B) Only conclusion II follows
C) Both I and II follow D) Neither I nor II follows
 
Answer & Explanation Answer: B) Only conclusion II follows

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Q:

‘Capital gains’ refers to goods which

A) serve as a source of raising further capital B) help in the further production of goods
C) directly go into the satisfaction of human wants D) find multiple uses
 
Answer & Explanation Answer: B) help in the further production of goods

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