Questions

Q:

In the following question, sentence given with blank to be filled in with an appropriate word(s). Four alternatives are suggested for the question. Choose the correct alternative out of the four and indicate it by selecting the appropriate option.

 

The traditional way of saying that you feel fine is to say that you are __________.

A) alright B) all correct
C) all good D) all right
 
Answer & Explanation Answer: D) all right

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Q:

What does Trypsin do?

A) Breaks down Carbohydrates B) Synthesizes proteins
C) Breaks down fats D) Breaks down proteins
 
Answer & Explanation Answer: D) Breaks down proteins

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Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

A) (a) Pure competition, (b) Pure Monopoly B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Oligopoly D) (a) Monopolistic competition, (b) Oligopoly
 
Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Oligopoly

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Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law B) Grimm's law
C) Gresham's law D) Keynes' law
 
Answer & Explanation Answer: C) Gresham's law

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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:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2 B) 1.2
C) -1.5 D) 1.5
 
Answer & Explanation Answer: A) -1.2

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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.

 

India has already made _________________ concessions to enable a consensus and successful outcome at Paris. Now it must ensure that it is not caught in a relentless ________________ process where each concession becomes an argument for making the next one. The post-Paris negotiations will determine more ____________ the shape of the climate change architecture for the next several decades. We _______________ ensure that India’s vital interests are safeguarded and the principle ____________ equity and equitable burden-sharing is reflected across this architecture.

 

We _______________ ensure that India's vital interests are safeguarded

 

A) would B) could
C) must D) have
 
Answer & Explanation Answer: C) must

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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.

 

If you can't beat 'em, join 'em

 

A) Many times those who fight eventually become best of friends B) If one has to give up fighting with some group because one can't win, band together with them
C) Not to hurt others. Instead, be friends with them. D) To fight till you get acceptance to a group which does not initially accept you as a member
 
Answer & Explanation Answer: B) If one has to give up fighting with some group because one can't win, band together with them

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