Questions

Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Predicament

 

A) Trouble   B) Hardship  
C) Condition   D) Solution
 
Answer & Explanation Answer: D) Solution

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four andindicate it by selecting the appropriate option.


We can never compare the importance ______ the money with the importance of love.

 

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

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Q:

Madhubani painting style is native to which state?

A) Orissa B) Andhra Pradesh
C) Bihar D) Madhya Pradesh
 
Answer & Explanation Answer: C) Bihar

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Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law B) Grimm's law
C) Gresham's law D) Keynes' law
 
Answer & Explanation Answer: C) Gresham's law

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Q:

If price of an article decreases from Rs. 25 to Rs. 20, quantity demanded increases from Q1 units to 1500 units. If point elasticity of demand is -1.25, find Q1?

A) 900 units B) 1200 units
C) 1800 units D) 2000 units
 
Answer & Explanation Answer: B) 1200 units

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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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.

The quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

in various terms. Hedonists have a _____ notion

A) complex B) distinct
C) varied D) simple
 
Answer & Explanation Answer: D) simple

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Q:

Grand Anicut Canal system, is located in which state?

A) Tamil Nadu B) Madhya Pradesh
C) Telangana D) Andhra Pradesh
 
Answer & Explanation Answer: A) Tamil Nadu

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