Q:

The short run marginal cost curve is ____ shaped.

A) U	B) V
C) X	D) W

Answer & Explanation Answer: A) U

Explanation:

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Filed Under: Indian Economy
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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent	B) 7.8 percent
C) 10.2 percent	D) 10 percent

Answer & Explanation Answer: A) 7.5 percent

Explanation:

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Q:

If tea companies start using mechanised tea leave pickers

A) more people would want to work as tea leave pickers	B) unemployment of tea leave pickers will decrease
C) more tea will be produced per acre	D) then wages for manual tea leave pickers will fall

Answer & Explanation Answer: D) then wages for manual tea leave pickers will fall

Explanation:

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Q:

Which of the following is NOT included in general methodology while assessing the national income?

A) Pension	B) Investment Expenditure
C) Value added	D) Consumption Expenditure

Answer & Explanation Answer: A) Pension

Explanation:

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) If a thing	B) is worth doing at all
C) it is worth done well.	D) No error

Answer & Explanation Answer: C) it is worth done well.

Explanation:

Error is in third part. Since “doing” was used in second part it should be followed by “doing” in third part as well instead of using “done”. Such repetitive figure of speech is used in
English grammar to create emphasis. This sentence indicates that a thing that is worth doing is also worthy of doing well. Here worth is the noun that must be followed by the verb doing.

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Filed Under: English
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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.
"I don't know the answer. Do you"? She asked.

A) She asked me if I knew the answer which she didn't.	B) She said that she didn't know the answer and did I know it.
C) She said that she didn't know the answer and asked me if i did.	D) She told that she was not knowing the answer but wondered if I know.

Answer & Explanation Answer: C) She said that she didn't know the answer and asked me if i did.

Explanation:

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Q:

Union Cabinet approves amendments in M-SIPS to attract investment in electronics manufacturing. What is the full form of M-SIPS?

A) Modified Sustainable Investment Package Scheme	B) Modified Special Information Package Scheme
C) Modified Special Incentive Package Scheme	D) Modern Socialist Incentive Package Scheme

Answer & Explanation Answer: C) Modified Special Incentive Package Scheme

Explanation:

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Filed Under: General Awareness
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Q:

In 2013, the first woman to be elected as the President of South Korea is

A) Park Young-sun	B) Yuk Young-soo
C) Park Geun-hye	D) Sim Sang-jung

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