Questions

Q:

The  Most  Favoured  Nation  (MFN)  Clause under   WTO   regimeis   based   on   the principle of 

A) non-discrimination between nations B) discrimination between nations
C) differential  treatment  between  locals and foreigners D) uniform tariff across commodities
 
Answer & Explanation Answer: A) non-discrimination between nations

Explanation:

In   Most-favoured-nation countries cannot normally discriminate between their trading partners.

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Q:

How many background colours there are in Bhutan’s national flag?

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

Explanation:
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Q:

In September 2017, Link – IV Pipeline Canal of Saurashtra Narmada Avtaran Irrigation (SAUNI) Yojana was launched in ______.

A) Madhya Pradesh B) Rajasthan
C) Gujarat D) Maharashtra
 
Answer & Explanation Answer: C) Gujarat

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.

 

Indian corporates are _______________ influenced by the American style of management, including ______________ practices. The recent episodes in a couple of big and reputed corporates in India are prompting many to re-think the kind of compensation strategy that would be __________ for Indian corporates. Should it be more socialistic, as prevalent in Scandinavian, some European and Japanese companies? _______________ there be some law to govern the salary differentials? __________should different functions such as Finance be remunerated substantially higher for equivalent educational degree holders and similar efforts by individuals in other functions?

 

Indian corporates are _______________ influenced by

 

A) great B) greatly
C) greatness D) greater
 
Answer & Explanation Answer: B) greatly

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Vacillate

A) Continue B) Playful
C) Conclusive D) Irresolute
 
Answer & Explanation Answer: D) Irresolute

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.
Best of both worlds

A) Two best teams compete with each other. B) A situation wherein someone has the privilege of enjoying two different opportunities.
C) Gods who rule heaven and earth. D) A person who is respected even by his enemies.
 
Answer & Explanation Answer: B) A situation wherein someone has the privilege of enjoying two different opportunities.

Explanation:
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Q:

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

The painting had not been painted by the famous painter.

A) The painting had never been painted by the painter who was famous. B) The painter who was famous not had painted the painting.
C) The famous painter had not painted the painting. D) The famous painter could not have painted the painting.
 
Answer & Explanation Answer: A) The painting had never been painted by the painter who was famous.

Explanation:
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Q:

Capital deepening refers to 

A) going for more fixed capital per worker B) emphasis on social overhead capital
C) constant capital-output ratio D) increasing capital-output ratio
 
Answer & Explanation Answer: A) going for more fixed capital per worker

Explanation:

Capital deepening is a situation where the capital per worker is increasing in the economy. This is also referred to as increase in the capital intensity. Capital deepening is often measured by the rate of change in capital stock per labour hour.

 

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Filed Under: Indian Economy
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