Questions

Q:

The long run aggregate supply curve is vertical because

A) there is no cyclical inflation B) potential GDP is low
C) at full employment prices are stable D) all of the above
 
Answer & Explanation Answer: C) at full employment prices are stable

Explanation:

The long-run aggregate supply curve is vertical because it is at the full-employment or potential output. Because the economy's potential output is determined by the availability and productivity of real resources, not by the price level. That means that even if demand increases, firms can't hire new workers and expand because everyone is already working.

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

There was already a sizable(A)/ gap between her car and(B)/the one front of her.(C)/No error(D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: C) C

Explanation:
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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.

dry run

 

A) a party without drinks B) a rehearsal of a performance before the real one
C) doing a fruitless task D) escaping form an unpleasant situation
 
Answer & Explanation Answer: B) a rehearsal of a performance before the real one

Explanation:
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Q:

Which type of radiation has the lowest penetrating ability?

A) Alpha B) Beta
C) Gamma D) All of the above
 
Answer & Explanation Answer: A) Alpha

Explanation:

In order of increasing penetration power, alpha particles have the lowest, then beta particles, then gamma rays.

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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.

To have something on the brain

A) To be obsessed with something B) To be ready with an immediate smart witty reply
C) To unable to solve a particularly difficult philosophical problem D) To think wistfully about past life
 
Answer & Explanation Answer: A) To be obsessed with something

Explanation:
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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: While the Soviet Government bought grain and other foreign consumer goods to be sold in domestic markets at heavily subsidized rates, Russia rejected
socialism.
Q: The oil industry was the prime target of a sweeping privatization drive launched after the break-up of the Soviet Union.
R: The Russian government has failed to do for its people even a fraction of what the Soviet Union, with twice the population, did with the revenue generated from
oil.
S: However, not all Russian have been rolling in oil wealth.

A) QSRP B) PRQS
C) RQSP D) RSPQ
 
Answer & Explanation Answer: A) QSRP

Explanation:
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Q:

Select the word with the correct spelling.

A) dementia B) quaterain
C) necrosys D) frenetec
 
Answer & Explanation Answer: A) dementia

Explanation:
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Q:

ABC is right angled at B. BD is an altitude. AD = 4 cm and DC = 9 cm. What is the value of BD (in cm)?

A) 5 B) 4.5
C) 5.5 D) 6
 
Answer & Explanation Answer: D) 6

Explanation:
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