Questions

Q:

If price of an article decreases from Rs. 25 to Rs. 20, quantity demanded increases from Q1 units to 1500 units. If point elasticity of demand is -1.25, find Q1?

A) 900 units B) 1200 units
C) 1800 units D) 2000 units
 
Answer & Explanation Answer: B) 1200 units

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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:

If 3P/7 = 4Q/11, then what is the ratio of P and Q respectively?

A) 12:77 B) 12:33
C) 28:33 D) 3:28
 
Answer & Explanation Answer: C) 28:33

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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:

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 chasm ______________ the needs of the people who struggle ______________ survival, action and inaction by representatives, and lack of remedial justice has compromised representative democracy _________________. Defections from one party to another indicate _______________ of the basic obligations of representatives, even ___________ their own people starve.

 

who struggle ______________ survival, action

 

A) for B) with
C) from D) of
 
Answer & Explanation Answer: A) for

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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 result is that the impact of humanities and liberal arts on _____________ action and day-to-day activities seems to be distinctly on the wane. ______________ and conventional approaches of teaching coupled with stasis that makes them traverse the __________ beaten path of course curricula isn’t helping society see the relevance of humanities and social science ____________ a technology-driven, changing world. The approach inevitably will be nuanced and there will be a need to weak the course content and fine-tune it to come ____________ with newer products to stay relevant and act as a facilitator to business and industry.

 

them traverse the __________ beaten path of course

 

A) similarly B) as same as
C) same D) similarity
 
Answer & Explanation Answer: C) same

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 


The last straw

 

A) A warrior saves his best arrow for the last   B) A minor difficulty but coming on top of a series of difficulties, that makes a situation unbearable.    
C) The student who usually comes last in the class.     D) The lowest ranking official who gets the blame for any error.    
 
Answer & Explanation Answer: B) A minor difficulty but coming on top of a series of difficulties, that makes a situation unbearable.    

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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.

 

Part of what a man learns will measurable (1)/ as specific knowledge and skills, while (2)/ another part involves changes. (3)/ No error(4)

 

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

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