Questions

Q:

Which of the following statements is incorrect, if resources were unlimited?

A) there would still be scarcity and opportunity costs B) there would still be scarcity but no opportunity costs
C) there would be no scarcity, but there would be opportunity costs. D) there would neither be scarcity nor opportunity costs
 
Answer & Explanation Answer: C) there would be no scarcity, but there would be opportunity costs.

Explanation:
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Q:

The United Nations (UN)'s World Television Day is observed across the globe on which day?

A) November 19 B) November 20
C) November 18 D) November 21
 
Answer & Explanation Answer: D) November 21

Explanation:

The United Nations (UN)'s World Television Day is observed across the globe on November 21 to recognize the increasing impacts of television on decision making and to focus on the issues like economic and social issues.

 

 

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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.


In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse square law __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where the judge, the police and the civil servant dispense ___________ to the citizen.


the sun shining ________ the whole earth.

 

A) for B)  of
C) from D) form
 
Answer & Explanation Answer: A) for

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Filed Under: English
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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.

 

Many firms fail because when they begin (1)/ exporting, they have not research the (2)/ target markets or have not planned enough. (3)/ No error (4)

 

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

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Filed Under: English
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Q:

Financial reports are used by

A) Investors B) Creditors
C) Market Analysts D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Financial reports are used for monitoring and controlling the movement of cash into and out of a business. They are used to communicate relevant, reliable and understandable information about the business that can be used by managers, analysts, investors to make decisions. 

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Q:

Which of the following increases labor productivity?

A) an increase in the aggregate hours of work B) decreases in the availability of computers and factory buildings
C) inventories of new machinery, equipment, or software D) a decline in the health of the population
 
Answer & Explanation Answer: C) inventories of new machinery, equipment, or software

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Q:

On 5 January 2018, Lok Sabha passed High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Bill, 2017. The Bill proposes to hike the salary of Chief Justice of India (CJI) to nearly ______.

 

A) Rs 2.80 lakh per month B) Rs 3.9 lakh per month
C) Rs 2 lakh per month D) Rs 5 lakh per month
 
Answer & Explanation Answer: A) Rs 2.80 lakh per month

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Q:

Which one is not the key objective of the Jan Aushadhi Campaign?

A) Make quality the hallmark of medicine availability B) Redefine the unit cost of treatment per person
C) Develop a model which can be replicated only in India D) To be adopted by the Private Sector also
 
Answer & Explanation Answer: C) Develop a model which can be replicated only in India

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