Questions

Q:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Q:

In October 2017, SEBI directed the stock exchanges to impose how much fine/penalty on those companies which do not comply with the minimum public shareholding norms?

A) Rs 5000 per day B) Rs 12,000 per day
C) Rs 15,000 per day D) Rs 20,000 per day
 
Answer & Explanation Answer: A) Rs 5000 per day

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Q:

As per Economic survey 2017-18, the percentage contribution of the services sector to India's GDP will be in the range of

A) Between 40-50% B) Greater than 50%
C) Less than 30% D) Between 30-40%
 
Answer & Explanation Answer: B) Greater than 50%

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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.
dead ringer

A) a competition whose outcome is already decided (by unfair means) B) a candidate fraudulently substituted for another in a competition
C) a person who was in a situation to warn others is now missing D) a warning which comes too late, after the damage is done
 
Answer & Explanation Answer: B) a candidate fraudulently substituted for another in a competition

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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'.

They even tried to smuggle bits of jazz into (1)/ serious music as that the composer could (2)/ somehow survive. (3)/ No error (4)

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

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Q:

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

 

She said to the shopkeeper, "My favourite colour is yellow."

A) She informs the shopkeeper that her favourite colour is yellow. B) She told the shopkeeper that her favourite colour is yellow.
C) She told the shopkeeper that her favourite colour was yellow. D) She tells the shopkeeper that her favourite colour is yellow.
 
Answer & Explanation Answer: C) She told the shopkeeper that her favourite colour was yellow.

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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'.

 

Our government has decided to strengthen the (1)/ States’ capacity to move away from a already (2)/ obsolete ‘one-size-fits-all’ approach. (3)/ No error. (4)

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

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

 

He said,"Gandhi ji faced many awkward situations when he was living in South Africa."

 

A) He said that Gandhi ji had faced many awkward stiuations when he was living in South Africa. B) He says that Gandhi ji faced many awkward situations when he was living in South Africa.
C) He told that Gandhi ji had faced many awkward situations when he was living in South Africa. D) He said that Gandhi ji had been facing awkward situations when he was living in South Africa.
 
Answer & Explanation Answer: A) He said that Gandhi ji had faced many awkward stiuations when he was living in South Africa.

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