Questions

Q:

Capital deepening refers to 

A) going for more fixed capital per worker B) emphasis on social overhead capital
C) constant capital-output ratio D) increasing capital-output ratio
 
Answer & Explanation Answer: A) going for more fixed capital per worker

Explanation:

Capital deepening is a situation where the capital per worker is increasing in the economy. This is also referred to as increase in the capital intensity. Capital deepening is often measured by the rate of change in capital stock per labour hour.

 

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Q:

A ___________ deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: A) Current Account

Explanation:
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Q:

Macro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) resource allocation at firm level D) equilibrium prices and quantities
 
Answer & Explanation Answer: A) the circular flow of income

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 

The man who is perpetually hesitating which of the two things he will do first, will do neither. The man who resolves, but suffers his resolution to be changed by the first counter-suggestion of a friend, - who fluctuates from opinion to opinion, from plan to plan, and veers like a weather-cock to every point of the compass, with every breath of caprice that blows-can never accomplish anything great or useful. Instead of being progressive in any thing, he will be at best stationary, and more probably retrograde in all. It is only the man who first consults wisely, then resolves firmly, and then executes his purpose with flexible perseverance, undismayed by those petty difficulties which daunt a weaker spirit that can advance to eminence in any line. Take your course wisely, but firmly; and having taken it, hold upon it with heroic resolution, and the Alps and Pyrenees will sink before you.

 

What will the man who sticks to his resolve and executes it advance to?

A) Wisdom B) Progress
C) Eminence D) Resolution
 
Answer & Explanation Answer: C) Eminence

Explanation:
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Q:

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

 

The professor _______________ over just one point for full two hours.

A) deliberated B) mentioned
C) conversed D) stated
 
Answer & Explanation Answer: A) deliberated

Explanation:
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Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 

1. After the firing that evening the street that used to be full of people was completely deserted.
P. Nor were any windows open.
Q. Suddenly, I detected a movement to my left.
R. There was no trace of any human beings, and all doors were firmly closed.
S. Surprisingly, even the stray dogs had disappeared.
6. I was so frightened that I ran for my life.

 

A) PSQR B) PQRS
C) RPSQ D) RSPQ
 
Answer & Explanation Answer: C) RPSQ

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 authorities will reward you for your hard work.

 

A) You will be rewarded by the authorities for your hard work. B) You would be rewarded by the authorities for your hard work.
C) The authorities will be rewarded by your hard work. D) The authorities would be rewarded by your hard work.
 
Answer & Explanation Answer: A) You will be rewarded by the authorities for your hard work.

Explanation:
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Q:

In the following passage some of the words have been left out. Read the passage carefully and choose the correct answer for the given blank out of the four alternatives.

 


The conditions ______ which democracy can _______ are _______ to ________ ; but one thing is _______ that democracy is always a slow growth, whereas dictators may _____ to ______ and _______ a new _______ with dramatic success, under _______ conditions.

 


are _______ to

 

A) difficult B) easy
C) interesting D) meaningless
 
Answer & Explanation Answer: A) difficult

Explanation:
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