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.


______________________ the Troubled Asset Relief Program (TARP), the government had purchased assets of struggling banks with a view _______________ ensuring that they did not collapse taking ____________________ them the rest of the financial system. These assets __________________ later at a profit by the government! The U.S. government had acted smartly, while in the Indian case the banks now find themselves ______________________ with loans made by them to an individual with negative net worth.

These assets __________________ later at a profit by the government!

A) are disposed of B) were disposed of
C) are disposed off D) had been disposed off
 
Answer & Explanation Answer: B) were disposed of

Explanation:
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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.

 

Service providers cannot stand in the way of a (1)/ consumer’s access to content, it should have being provided (2)/ without any hindrance. (3)/ No error. (4)

 

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

Explanation:
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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.

 

Easier said than done

 

A) A task which is expected to be difficult turns out to be easy. B) Intentionally tell some one that a difficult task is easy
C) Be more easily talked about than put into practice D) Once a difficult task is done it feels easy
 
Answer & Explanation Answer: C) Be more easily talked about than put into practice

Explanation:
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Q:

Which one of the following statements is not correct?

A) When total utility is maximum, marginal utility is zero B) When total utility is decreasing, marginal utility is negative
C) When total utility is increasing, marginal utility is positive D) When total utility is maximum,marginal and average utility are equal to each other.
 
Answer & Explanation Answer: D) When total utility is maximum,marginal and average utility are equal to each other.

Explanation:

Total utility -It is total psychological satisfaction which a consumer derives from the consumption of a commodity is known as total utility

Marginal utility -It is anaddition made in total utility by consuming and additional unit of a commodity is known as marginal utility.

•When marginal utility is positive,total utility increases

•When marginal utility is zero,total utility is at maximum

•When marginal utility is negative,total utility decreases

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Filed Under: Indian Economy
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Q:

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

A) $625 million B) $465 million
C) $475 million D) $635 million
 
Answer & Explanation Answer: A) $625 million

Explanation:
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Q:

In India, which of the following is regulated by the Forward Markets Commission?

A) Currency Futures Trading B) Commodities Futures Trading
C) Equity Futures Trading D) Both Commodities Futures and Financial Futures Trading
 
Answer & Explanation Answer: B) Commodities Futures Trading

Explanation:
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Filed Under: Indian Economy
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Q:

Which one of the following Indian States has the highest percentage of Scheduled Tribe population to its total population?

A) Mizoram B) Nagaland
C) Meghalaya D) Arunachal Pradesh
 
Answer & Explanation Answer: A) Mizoram

Explanation:

                     Scheduled Tribes 

State with highest proportion of Scheduled Tribes               Mizoram (94.5 %)

State with lowest proportion of Scheduled Tribes                 Goa (0.04 %)

UT with highest proportion of Scheduled Tribes                   Lakshadweep (94.5 %)

UT with lowest proportion of Scheduled Tribes                     A & N Islands (8.3 %)

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Filed Under: Indian Geography
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Q:

Which type of electromagnetic radiation has the shortest wavelength?

A) Gamma rays B) X-rays
C) Radio waves D) Infrared rays
 
Answer & Explanation Answer: A) Gamma rays

Explanation:

The order of wavelengths of electromagnetic spectrum is as follows ::

(Shortest to Longest) - Gamma, X-Rays, UV, Visible, Infrared, Microwaves, Radio Waves.

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Filed Under: Physics
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