Questions

Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Q:

The latest information about agriculture markets is collected and published by the ___________.

A) Food Corporation of India B) Directorate of Economics and Statistics
C) National Council of Applied Economic Research D) Indian Statistical Institute
 
Answer & Explanation Answer: B) Directorate of Economics and Statistics

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Q:

Lok Sabha is the ___________ House of the Parliament of India.

A) Lower B) Upper
C) Left D) Right
 
Answer & Explanation Answer: A) Lower

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Q:

Article 31B of the Indian Constitution "Validation of certain Acts and Regulations" deals with the

A) State Government B) Union Government
C) Directive principles of state policy D) Fundamental rights of the Indian Citizen
 
Answer & Explanation Answer: D) Fundamental rights of the Indian Citizen

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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 news has always ____________ predicated on informing the consumer. It speaks of — apart from the day’s most ____________ upheavals — the best and the worst that _____________ has managed to accomplish each day. This includes the medal-winners, the laureates, the record-breakers, the deal-makers _________the criminals, the villains, the corrupt. The news regales us ________ the highlights, a reel of the most provoking ones that made it into a window of a half-an-hour.

 

The news has always ____________ predicated on informing

 

A) be B) to be
C) been D) being
 
Answer & Explanation Answer: C) been

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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 entry of foreign media has to be ______ by strict rules. Any intention to ______ the country politically or economically or any attempt at cultural ______ in order to make the country a slave to the designs of international powers would not be ______. If the foreign media is keen on making a presence on the Indian soil, respect for the country’s unity and ______ is essential.

 

cultural ______ in order to make the country.

 

A) absenteeism B) clonism
C) imperialism D) dogmatism
 
Answer & Explanation Answer: C) imperialism

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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.


One who has witnessed a debate ______ argument between two men _____________ strong intellectually, one of whom is a trained logician and the other lacking this advantage, will never forget the impression produced _________ him by the unequal struggle. The conflict is like that of a ____________ wrestler, untrained in the little tricks and turns of the science, in the various principles of applying force in a certain way at a certain time, at a certain place, with a __________ and experienced wrestler.


witnessed a debate ______ argument between

 

A) of B) or
C) but D)  so
 
Answer & Explanation Answer: B) or

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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.

 

This argument is completely ______________ and shows very little understanding ____________ education. The costs quoted for private schools, one, have no reliable source of data and, ______________, they discount two kinds of hidden costs — to the family and _____________ the nation. Often the cost of education in private schools is _________________ with the fee per child.

 

Often the cost of education in private schools is _________________ with the fee per child.

 

A) equation B) equates
C) equating D) equated
 
Answer & Explanation Answer: D) equated

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