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 best expresses the meaning of the idiom/phrase.

 

Great minds think alike

 

A) When an evil plan is hatched criminals agree. B) Said to those people who don’t like each other to make them agree.
C) Said when two people have the same opinion or make the same choice. D) Intelligent people will think of plans to which everybody will say yes.
 
Answer & Explanation Answer: C) Said when two people have the same opinion or make the same choice.

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.

based on random choice or personal whim

A) auxiliary B) arbitrary
C) allegory D) ambulatory
 
Answer & Explanation Answer: B) arbitrary

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.

Make something seem less important, significant, or trifling.

A) superintend B) optimality
C) trivialize D) dumb down
 
Answer & Explanation Answer: C) trivialize

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.

To have at one's fingertips

A) To be very fast on the keyboard B) To be adroit with a percussion musical instrument
C) Recall of factual information at one's command D) To carefully note down minute details
 
Answer & Explanation Answer: C) Recall of factual information at one's command

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.

Become liquid, typically during decomposition

A) Deliquesce B) Petrify
C) Cohere D) Anneal
 
Answer & Explanation Answer: A) Deliquesce

Explanation:
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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'.

 

People are wanting (A)/ to see the home team (B)/ win the game. (C)/ No Error (D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: A) A

Explanation:
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Q:

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

 

The checker checks the admission tickets at the gate.

A) The admission tickets are checked at the gate. B) The admission tickets be checked at the gate.
C) The admission tickets will be checked at the gate by the checker. D) The admission tickets were checked at the gate.
 
Answer & Explanation Answer: A) The admission tickets are checked at the gate.

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