Questions

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.

______________ reader can add to the list and to the possibilities of a new ethical and moral politics _________________ requires a Gandhian inventiveness of ritual and politics. What I wish to add is a ___________________. The rituals of apology and the question of justice, reconciliation and ethical repair are not easy. They require a rigour and an inventiveness _____________ ethical thinking which ___________________ new experiments with the idea of truth and healing in India.


______________ reader can add to the list

A) One B) Some
C) Each D) Anyone
 
Answer & Explanation Answer: C) Each

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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

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Q:

The goods which people consume more, when their price rises are called _______.

A) Essential goods B) Capital goods
C) Veblen goods D) Giffen goods
 
Answer & Explanation Answer: D) Giffen goods

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Q:

In 2015, the nominal rate of interest in a country was 8% and the inflation rate then was 2.5%. So real rate of interest in 2015 was

A) 3.2 percent B) 10.5 percent
C) 8 percent D) 5.5 percent
 
Answer & Explanation Answer: D) 5.5 percent

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Q:

What situation would result if Government expenditure exceeds the Government revenue on Current Account?

A) Deficit budgeting B) Zero­based budgeting
C) Performance­based budgeting D) Surplus budgeting
 
Answer & Explanation Answer: A) Deficit budgeting

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Q:

If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is ­3.2 findmP1?

A) Rs 85 B) Rs 80
C) D) Rs 95
 
Answer & Explanation Answer: B) Rs 80

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Q:

If demand curve for racing cycles is D = 80200 ­ 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units B) 31220 units
C) 8750 units D) 41720 units
 
Answer & Explanation Answer: D) 41720 units

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Q:

Which of the following gases is liberated when Sodium Hydrogen Carbonate is heated?

A) Carbon Monoxide B) Carbon Dioxide
C) Oxygen D) Hydrogen
 
Answer & Explanation Answer: B) Carbon Dioxide

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