Questions

Q:

Fixed Foreign Exchange Rate can be changed by

A) RBI B) SEBI
C) Ministry of Finance D) FIPB
 
Answer & Explanation Answer: A) RBI

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Q:

The market structure called monopoly exists where there is exactly ______ seller in any market.

A) One B) Two
C) Five D) Ten
 
Answer & Explanation Answer: A) One

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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’.

One of the hazard of swimming (1)/ in the ocean is an unexpected (2)/ encounter with a jellyfish. (3)/ No error (4)

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

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Q:

Look at the underlined part of each sentence. Below each sentence are given three possible substitutions for the underlined part. If one of them (a), (b) or (c) is better than the underlined part, indicate your response on the Answer Sheet against the corresponding letter. If none of the substitutions imporves the sentence, indicate (d) as your response on the Answer Sheet.

I didn’t go to office because I was ill.

A) felt B) had become
C) had felt D) no improvement
 
Answer & Explanation Answer: D) no improvement

Explanation:

No improvement required. Illness is a condition and not a feeling.

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Q:

Goods which are consumed together are called?

A) Inferior goods B) Normal goods
C) Complementary goods D) Substitute goods
 
Answer & Explanation Answer: C) Complementary goods

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Q:

Saving is that portion of money income that is .....

A) spent for development of Industries B) not spent on consumption
C) spent on health and education D) spent for consumer durables
 
Answer & Explanation Answer: B) not spent on consumption

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Q:

The 2017 Brahmaputra Literary Festival was hosted by which city?

A) Lucknow B) Kolkata
C) Shillong D) Guwahati
 
Answer & Explanation Answer: D) Guwahati

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Q:

The tallest peak of which of the following mountain ranges is a mountain called 'Guru Shikhar'?

A) Western Ghats Range B) Satpura Range
C) Aravalli Range D) Vindhya Range
 
Answer & Explanation Answer: C) Aravalli Range

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