Questions

Q:

Which one of the following statements is not correct?

A) When total utility is maximum, marginal utility is zero B) When total utility is decreasing, marginal utility is negative
C) When total utility is increasing, marginal utility is positive D) When total utility is maximum,marginal and average utility are equal to each other.
 
Answer & Explanation Answer: D) When total utility is maximum,marginal and average utility are equal to each other.

Explanation:

Total utility -It is total psychological satisfaction which a consumer derives from the consumption of a commodity is known as total utility

Marginal utility -It is anaddition made in total utility by consuming and additional unit of a commodity is known as marginal utility.

•When marginal utility is positive,total utility increases

•When marginal utility is zero,total utility is at maximum

•When marginal utility is negative,total utility decreases

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Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

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'.

You occasionally stop to admire the intellectual (1)/ scenery, or you sometimes retrace your steps (2)/ to make sure you had seen everything. (3)/ No error (4)

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

Explanation:
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Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.


Public opinion may be passive and false or active and real. It is claimed in theory that all governments are ultimately based on the opinion or sanction of the governed. But we find that in practice the people's rights are often trodden down and tyranny and oppression are allowed to continue. The government does it not because the people want it to do so but because they are too idle, too uneducated and too disunited or timid to oppose the govern ment. Such public opinion is passive and false and not an active verdict. But when we find people alert, intelligent and determined to let the government know their will, when they want to exercise actively their voice in the management of their country, we have an instance of true or active public opinion. True public opinion is formed by and expressed through the press, the platform, political parties and educational institutions. These have sacred duties to perform, duties on which depends the ultimate good of the entire community. The press today wields a tremendous influence, So it should support the causes and move ments and condemn the wrong one's and thus teach people to form correct opinion. A free and fair press ventilates the grievances of the public. Thus a healthy relationship develops between the people and the government through out an unbiased press. Political parties also help to create and regulate opinions. No less important part is played by the educational Institutions which train the minds of the young people who will be the citizens of tomorrow. It has been said that modern Germany and China have been made by their universities. It is necessary that the young and the growing minds should imbibe the spirit of fellow-feeling, the spirit of tolerance, the habit of compromise, and show due regard for the feelings and opinion of others without which a democratic society cannot function, let alone succeed. When there is true awakening of the people, we shall have the real and conscious public opinion. And justice will reign on earth and truly will the voice of the people be the voice of God.


According to the passage, which of the following is needed from the people to have true or active public opinion?

1. Alertness
2. Determination
3. Intelligence
4. Raising their voice

A) 1, 2 and 3 B) Only 4
C) 2 and 3 D) All of these
 
Answer & Explanation Answer: A) 1, 2 and 3

Explanation:
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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.


But what does this enthusiasm for voting actually _____________? One popular theory ____________ that poor people __________ because they are intimidated into doing so. Intimidation occurs for sure but why then, voters in places where there is no intimidation do so? Another theory is that people vote in return for _____________. But recent research across India _________ that those who spend the most do not always win elections and voters do not feel any obligation to vote for those handing out freebies. In fact, they often accept the goodies from allparties but vote for only one.


poor people __________ because they are intimidated into doing so.

A) vote B) are voting
C) have voted D) voted
 
Answer & Explanation Answer: A) vote

Explanation:
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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.


Restorative justice is _______________ from mediation though it involves meetings and dialogues to fix responsibility for wrongdoing and to find a solution acceptable to ______________ three parties. More importantly, it directly addresses victim needs and ________________ emphasises the private dimensions of a public wrong. It is not a substitute _______________ the formal criminal justice system, but a good backup to reduce its workload and to increase the sense of justice in the system as a __________________.


a good backup to reduce its workload and to increase the sense of justice in the system as a __________________.

A) total B) aggregate
C) whole D) entirety
 
Answer & Explanation Answer: C) whole

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 orrect.

 

1. The king was distressed because his people were lazy.
P. All cursed the stone and blamed the Government.
Q. Then the king had the stone removed.
R. Next day people passed by and went round it.
S. He had a big stone put in the middle of the road one night.
6. Under the stone the king had placed a purse full of money.

 

A) PSRQ B) SRPQ
C) QPRS D) PQRS
 
Answer & Explanation Answer: B) SRPQ

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. Giving advice is a difficult task.
P. Moreover one doesn't know oneself, amid ambiguity, how can one know others.
Q. It is a wonder how such people like politicians, reformers and people suchlike are so confident as to invent measures to live their life.
R. Life is but one and mistakes are often irrepairable.
S. Unless he knows another person, how can he advise?
6. I find it very difficult to give advice.

A) PSQR B) QRPS
C) SQPR D) RPQS
 
Answer & Explanation Answer: B) QRPS

Explanation:
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