Questions

Q:

Which of the following can be used as a weapon of war and conflict?

A) Extreme economic dependence B) Trade sanctions
C) Currency manipulation D) Withdrawal of bilateraltreaties
 
Answer & Explanation Answer: B) Trade sanctions

Explanation:

This can be interpreted from these lines of the passage, “Sanctions also play a dramatic role as an offensive militaristic manoeuver” and "Indeed, economics is often used directly as a weapon of war and conflict via trade sanctions."

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Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative D) both B & C
 
Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods. 

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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.

 

This is the arresting and dominant fact about modern social discussion; that the quarrel is __________ merely about the difficulties, but about the aim. We agree about the evil; it is about the good that we should tear each ____________ eyes out. We all admit that a lazy aristocracy is a bad thing. We should not by ________ means all admit that an active aristocracy would be a good thing. We all feel angry with an irreligious priesthood; but some of us would _______ mad with disgust at a really religious one. Everyone is indignant if our army is weak, _____________ the people who would be even more indignant if it were strong.

 

we should tear each ____________ eyes out.

 

 

A) others B) other’s
C) other D) otherwise
 
Answer & Explanation Answer: B) other’s

Explanation:
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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Perpetual

 

A) Continual   B) Ceaseless  
C) Enduring   D) Transitory
 
Answer & Explanation Answer: D) Transitory

Explanation:
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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Arraign

 

A) Accuse   B) Charge  
C) Indict   D) Free
 
Answer & Explanation Answer: D) Free

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

It is a colourful event and everyone (have) a great time.

 

A) is having B) haves
C) to have D) no improvement
 
Answer & Explanation Answer: A) is having

Explanation:
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Q:

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

 

The officer said, "I am very busy now".

 

A) The officer said that he was very busy now. B) The officer said that he is very busy then.
C) The officer said that he is very busy now. D) The officer said that he was very busy then.
 
Answer & Explanation Answer: D) The officer said that he was very busy then.

Explanation:
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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.

 

So, in asking you to consider the processes of reasoning we are ________ assuming that you never have reasoned--_________ the contrary we are fully aware that you in connection __________ every other person, have reasoned all your mature life. That is not the question. While everyone reasons, the fact is __________ true that the majority of persons reason incorrectly. Many persons reason ______________ lines far from correct and scientific, and suffer therefor and thereby.

 

Many persons reason ______________ lines far from correct

 

A) along B) long
C) besides D) at
 
Answer & Explanation Answer: A) along

Explanation:
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