Questions

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:

One of the techniques used for desalination of sea water is

A) Filtration B) Distillation
C) Evaporation D) Condensation
 
Answer & Explanation Answer: B) Distillation

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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’.

Scientists show that there is a curious (1)/ relationship among a lion’s life span and (2)/ the pattern of spots on each side of its face. (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, 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'.

 

The Bench will also have to say (1)/ whether the laws are really at consonance with (2)/ the basic tenets of the 1960 Act. (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 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.

 

India has already made _________________ concessions to enable a consensus and successful outcome at Paris. Now it must ensure that it is not caught in a relentless ________________ process where each concession becomes an argument for making the next one. The post-Paris negotiations will determine more ____________ the shape of the climate change architecture for the next several decades. We _______________ ensure that India’s vital interests are safeguarded and the principle ____________ equity and equitable burden-sharing is reflected across this architecture.

 

The post-Paris negotiations will determine more ____________ the shape of the climate change

 

A) precisely B) exactly
C) refinely D) sophisticatedly
 
Answer & Explanation Answer: A) precisely

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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 committee _____________ criminal justice reforms recommended a threefold strategy to arrest the drift and to prevent total disaster. First, the law, substantive and procedural, requires a fresh _______________ look based on changes in society and economy _____________ priorities in governance. The guiding ____________ in the reform process should be decriminalisation wherever ______________ and diversion, reserving the criminal justice system mainly to deal with real “hard" crimes.

 

The committee _____________ criminal justice reforms

 

A) of B) on
C) for D) upon
 
Answer & Explanation Answer: B) on

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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.
Having or involving an extreme or irrational fear of or aversion to something.

A) Valiant B) Stout
C) Phobic D)  Foolhardy
 
Answer & Explanation Answer: C) Phobic

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