Questions

Q:

Radish is an example of

A) bulb B) root
C) tuber D) fruit
 
Answer & Explanation Answer: B) root

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Q:

What is an octroi ?

A) Tax B) Tax collection centre
C) Tax processing centre D) Tax information centre
 
Answer & Explanation Answer: A) Tax

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Filed Under: Indian Economy
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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Q:

The  Baglihar  Hydroelectric  power  projectinJ & Kisbuilt across the river.--

A) Beas B) Chenab
C) Jhelum D) Sutlej
 
Answer & Explanation Answer: B) Chenab

Explanation:

Baglihar Hydroelectric Power Project, is a run-of-the-river power project on the Chenab River in the southern Doda district of the Indian state of Jammu and Kashmir.

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Q:

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

Modern India has a secular constitution and ______ itself on being a secular country.

A) prides B) humiliates
C) shy D) disgraces
 
Answer & Explanation Answer: A) prides

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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. Some animals like fishes lay eggs and leave them.
P. The mother does not care for the eggs at all.
Q. They lay thousands of eggs at a time but do not look after them.
R. Most of the eggs die and only a few of them develop into fishes.
S. She simply leaves the eggs and never comes back to them.
6. Is this not something terrible? Yet, it is a fact.

A) QPSR B) PSQR
C) RQPS D) QSPR
 
Answer & Explanation Answer: A) QPSR

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Q:

In the following question, the sentence given with blank 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 art of growing up is living in the school of life, where learning is ______, and taking responsibility is important.

A) neglected B) ignored
C) focused D) superficial
 
Answer & Explanation Answer: C) focused

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Q:

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

 


Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers.

 


What does not seem as not good or normal in the context of this essay?

 

A) the new interest in free market B) being captivated by spell of the free market
C) that which does not accord with the requirement of the free market D) the economists who are captivated by the free market
 
Answer & Explanation Answer: C) that which does not accord with the requirement of the free market

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