Questions

Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

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

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Filed Under: Indian Economy
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Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus D) Rs 8000 worth of producer surplus
 
Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
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Q:

In October 2017, SEBI directed the stock exchanges to impose how much fine/penalty on those companies which do not comply with the minimum public shareholding norms?

A) Rs 5000 per day B) Rs 12,000 per day
C) Rs 15,000 per day D) Rs 20,000 per day
 
Answer & Explanation Answer: A) Rs 5000 per day

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Q:

The Land Ports Authority of India works under which Union Ministry?

A) Ministry of Jal Shakti B) Ministry of External Affairs
C) Ministry of Ports Shipping and waterways D) Ministry of Home Affairs
 
Answer & Explanation Answer: D) Ministry of Home Affairs

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Filed Under: Indian Politics
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Q:

In the following question, a sentence/a part of the sentence is underlined. Below are given alternatives to the underlined part which may improve the sentence. Choose the correct alternatives. In case no improvement is required, choose "No Improvement" option.


The agressive response after the peace summit made no sense of the call for moderation.

 

A) made nonsense of B) made no sense to
C) make no sense to D) No improvement
 
Answer & Explanation Answer: A) made nonsense of

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Filed Under: English
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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'.

Policy makers will think hard about creating (1)/ an appropriate legal framework to (2)/ prevent the capture of regulatories by special interests. (3)/ No error. (4)

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

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Filed Under: English
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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. My hobby is to collect thought provoking articles from newspapers, magazines and Journals.
P. It has made me a much sought after speaker.
Q. It keeps me updated and helps me in my profession.
R. My successful talks give me self-satisfaction and fame.
S. Whenever I have to deliver a talk on topics such as education, personality development, stress management, I have a lot to say.
6. There is no doubt that a hobby is a boon if it combines pleasure and usefulness.

A) QSPR B) RSPQ
C) SPQR D) PQRS
 
Answer & Explanation Answer: A) QSPR

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Filed Under: English
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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 thefour alternatives.

 

Teachers ____________ the country require proper training at the appropriate time in their careers. On account of the unique occupational dynamic, together _________the constant pressure to address the growing expectations of society and the ______________ of teaching pedagogy, teachers need to be engaged in continual re-examination of their role. This cannot be achieved unless they incorporate the subjects as varied ________ applied ethics, human psychology, spirituality, ____________values, peace studies, and organisational behaviour.

 

subjects as varied ________ applied ethics

 

A) as   B)  like  
C)  same   D)  such
 
Answer & Explanation Answer: A) as  

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