Questions

Q:

Which of the following statements is incorrect, if resources were unlimited?

A) there would still be scarcity and opportunity costs B) there would still be scarcity but no opportunity costs
C) there would be no scarcity, but there would be opportunity costs. D) there would neither be scarcity nor opportunity costs
 
Answer & Explanation Answer: C) there would be no scarcity, but there would be opportunity costs.

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Filed Under: Indian Economy
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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.

 

Society and individuals will evolve __________ changing times. Technology will continue to play an increasingly ____________ role in our lives in the years to come. Passing the blame on to technology is the easiest thing to do, but how we _____________ to use technology is an individual decision. In an attempt to be connected with the world _______ large, are we getting disconnected with the people who mean the most to us? This is a question worth pondering _________.

 

play an increasingly ____________ role in our lives

 

A) importances   B) important
C) importance   D) importantly
 
Answer & Explanation Answer: B) important

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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.

 

If life existed on Mars, it is most likely to be in (1)/ the form of bacteria buried deep in (2)/ the planet’s permafrost or lichens. (3)/ No error (4)

 

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

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Q:

Loess Plateau is situated in ___________.

A) Malaya B) Thailand
C) China D) Korea
 
Answer & Explanation Answer: C) China

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Filed Under: World Geography
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Q:

Financial reports are used by

A) Investors B) Creditors
C) Market Analysts D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Financial reports are used for monitoring and controlling the movement of cash into and out of a business. They are used to communicate relevant, reliable and understandable information about the business that can be used by managers, analysts, investors to make decisions. 

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Q:

____ was the 3rd Mughal Emperor of India.

A) Humayun B) Akbar
C) Aurangzeb D) Jahangir
 
Answer & Explanation Answer: B) Akbar

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Filed Under: Indian History
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Q:

The 2016 Olympics bronze medalist Sakshi Malik hails from which state?

A) Bihar B) Punjab
C) Uttaranchal D) Haryana
 
Answer & Explanation Answer: D) Haryana

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Filed Under: Sports
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Q:

‘FRDI’ Bill, 2017 aims to protect the stability of the financial system. Once enacted, FRDI Bill 2017 will be replacing ______.

A) Deposit Insurance and Credit Guarantee Corporation Act, 1961 B) Deposit Guarantee Corporation Act, 1980
C) Credit Guarantee Corporation Act, 1990 D) No option is correct
 
Answer & Explanation Answer: A) Deposit Insurance and Credit Guarantee Corporation Act, 1961

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Filed Under: Indian Politics
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