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 will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

We (have been) away for a long time, you know, and so we're anxious to get home again.

 

A) has been B) is been
C) have being D) no improvement
 
Answer & Explanation Answer: D) no improvement

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.

 

All of us have admired some writers, ______________ their work over that of others for their writing style as much as for the content of their work. ____________ writer who has, for more than half a century, _______________ for his searing honesty is George Orwell. He is recondite, but he is never ________________. He says it as it is and yet says it as it has not been said ____________.

 

He says it as it is and yet says it as it has not been said ____________.

 

A) after B) later
C) before D) since
 
Answer & Explanation Answer: C) before

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

 

A formal agreement between individuals or parties.

 

A) protocol B) norm
C) league D) pact
 
Answer & Explanation Answer: D) pact

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Gratify an immoral or distasteful desire

 

A) Depress B) Frustrate
C) Offend D) Pander
 
Answer & Explanation Answer: D) Pander

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.

 

A century later, the philosophy community needs to take __________ the new challenge of moral deliberation on the most pressing issues of our difficult times. We have to revoke the suspension of ethics and morality ____________ our lives by initiating a dialogue on it. Foregrounding ethics, however, ___________ means undermining the epistemological or ontological questions that are inevitably there. One such beginning can be made by anchoring moral ________________ in fairness and justice —one founded on obligatory fairness towards the people and the planet, towards the earth and the environment, and above all justice towards one_________.

 

and above all justice towards one _________.

 

A) else B) all
C) everybody D) another
 
Answer & Explanation Answer: D) another

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.

 

Crunch time

 

A) A time when everything seems to go wrong. B) A time to hit the gym do some heavy exercise.
C) A critical moment near the end of a game when decisive action is needed. D) The capable standout during tough situations
 
Answer & Explanation Answer: C) A critical moment near the end of a game when decisive action is needed.

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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.

 

Calamity

 

A) Happiness B) Failure  
C) Suffering   D) Tragedy
 
Answer & Explanation Answer: A) Happiness

Explanation:
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