Questions

Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50% B) 8%
C) 10% D) 15%
 
Answer & Explanation Answer: A) 12.50%

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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’.

 

A person operating at the pre-conventional level of moral reasoning (1)/ considers any decision or ethical dilemma from the point of view of avoiding (2)/ personal harm, losing or seek personal gain. (3)/ No error (4)

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

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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'.
It seemed as if (1)/ every man in the (2)/ country was back them. (3)/No Error (4)

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

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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.

In a strange ________________, the production and the consumption of the event become cause for concern. _______________ wonders whether newer forms of “non­caring” or violence are appearing. Somehow, silence, even __________________, quietly suppresses a meditation on such events. __________________ a professor, I can recollect the number of occasions when my students have cried as we discussed such events in class. _____________, society seems so indifferent.

Somehow, silence, even __________________, quietly suppresses a meditation on such events.

A) attention B) bias
C) regard D) indifference
 
Answer & Explanation Answer: D) indifference

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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 scene will now shift to obtaining __________________ instruments of ratification to bring the agreement into force _________________ 2020, the first year of its________________ implementation. The agreement will enter into force with the ratification of ______________ 55 countries, whose aggregate greenhouse gas (GHG) emissions ________________ at least 55 per cent of global emissions.


the first year of its________________ implementation.

A) proposal B) proposition
C) supposed D) proposed
 
Answer & Explanation Answer: D) proposed

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: Having low self esteem would mean that you do not respect or value yourself highly.
Q: You may be more likely to believe other people’s negative comments rather than trust your own opinions.
R: If you feel like this about yourself you will not feel in control and negativity may take hold of you.
S: Your confidence may be low also and so you will not believe in your ability to be successful.

A) PRSQ B) RSQP
C) QPSR D) PQSR
 
Answer & Explanation Answer: A) PRSQ

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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 goal of personal development is to learn and apply that (1)/ which enable us to attain emotional well-being, understanding and (2)/ effectiveness, and to share this knowledge with others. (3)/ No error (4)

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

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