Questions

Q:

The supply curve for a monopolist is

A) Verticle B) Horizontal
C) Downward sloping D) Doesn't exist
 
Answer & Explanation Answer: D) Doesn't exist

Explanation:

A monopoly firm has no well-defined supply curve. In other words, there is no unique supply curve for the monopolist derived from his MC curve.

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

Silver bullet

 

A) A very expensive solution used only as the last measure. B) A simple and seemingly magical solution to a complicated problem.
C) A solution which is worse than the problem.   D) A thing of beauty but which is actually deadly.
 
Answer & Explanation Answer: B) A simple and seemingly magical solution to a complicated problem.

Explanation:
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Q:

In the following question, out of the given four alternatives, select the alternative which best expresses the meaning of the Idiom/Phrase.

 

With a vengeance

 

A) A complete disaster B) Having similar views or attitude to something
C) To look out for something without particular attention D) Used to emphasize the degree to which somethings occurs
 
Answer & Explanation Answer: D) Used to emphasize the degree to which somethings occurs

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.

 

This argument is completely ______________ and shows very little understanding ____________ education. The costs quoted for private schools, one, have no reliable source of data and, ______________, they discount two kinds of hidden costs — to the family and _____________ the nation. Often the cost of education in private schools is _________________ with the fee per child.

 

shows very little understanding ____________ education.

 

A) of B) for
C) with D) toward
 
Answer & Explanation Answer: A) of

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.

 

Widespread liberalization of the economic ________________ regime was long overdue in 1991, and has played a positive role since, but its impact has ________________ its course and the policy has recognisable ___________________. Liberalization cannot address all aspects of the man­made environment and now climate change ________________ to change everything forever. We do not have another quarter century to deal ___________ these imperatives.

 

now climate change ________________ to change everything forever.

 

A) were threatening B) threatens
C) threatened D) are threatening
 
Answer & Explanation Answer: B) threatens

Explanation:
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Q:

Which state government has made yoga guru Ramdev Baba as the brand ambassador of Yoga and Ayurveda?

A) Uttar Pradesh B) Himachal Pradesh
C) Haryana D) Rajasthan
 
Answer & Explanation Answer: C) Haryana

Explanation:
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Q:

Which is the state animal of Andhra Pradesh?

A) Mithun B) Ox
C) One-homed rhinoceros D) Blackbuck
 
Answer & Explanation Answer: D) Blackbuck

Explanation:
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Q:

Taoism, is an ancient tradition of Philosophy and religious belief deeply rooted in

A) Taiwanese custom and world view B) Chinese custom and world view
C) Japanese custom and world view D) Vietnamese custom and world view
 
Answer & Explanation Answer: B) Chinese custom and world view

Explanation:
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