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.


______________________ the Troubled Asset Relief Program (TARP)

A) Below B) Down
C) Lower D) Under
 
Answer & Explanation Answer: D) Under

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’.

 

I’ve learned that what really counts in life, in the end, is not how many toys we have (1)/ collected or how much money we’ve accumulated, but how many of our (2)/ talents we have liberated and used for a purpose that add value to this world. (3)/ No error (4)

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

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Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3% B) 10%
C) 2.50% D) 7%
 
Answer & Explanation Answer: B) 10%

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Filed Under: Indian Economy
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Q:

If for the year a country's GDP was $990 million, consumer spending was $630 million, investment by businesses was $110 million, exports were $55 million and imports were $45 million, calculate government spending?

A) $260 million B) $240 million
C) $480 million D) $460 million
 
Answer & Explanation Answer: B) $240 million

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Q:

Which of the following states does not share a border with Myanmar?

A) Assam B) Mizoram
C) Nagaland D) Manipur
 
Answer & Explanation Answer: A) Assam

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Filed Under: Indian Geography
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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'.


Little knowledge of playing volleyball (1)/ that she possessed proved to be (2)/helpful at the time of inaugural match. (3)/ No Error (4)

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

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Q:

Which   one   of   the   following   statements relating  to  the  Directive  Principles  of  State Policy is not correct?

A) The  provisions  contained  in  part  IV  of the  Constitution  of  India  shall  not  be enforceable by any Court. B) The  Directive  Principle  of  State  policy are  fundamental  in  the  governance  of the country.
C) It  shall  be  the  duty  of  the  State  to apply  the  Directive  Principle  in  making laws. D) The  Directive  Principle  are  directed  in making  India  an  advanced  capitalist country of the world.
 
Answer & Explanation Answer: D) The  Directive  Principle  are  directed  in making  India  an  advanced  capitalist country of the world.

Explanation:

The  Directive  Principles  of  State Policy are enumerated in Part IV of the Constitution from Articles 36 to 51.   The   Directive   Principles   are non-justiciable  in  nature,  that  is, they are not legally enforceable by the  courts  for  their  violation.  So, the     Governments     cannot     be compelled   to   implement   them.Although the Constitution in Article 37  itself  says  that  these  principles are fundamental in the governance of  the  country  and  it  shall  be  the duty  of  the  State  to  apply  these principles  in  making  laws. These principles  reflect  the  ideology  of socialism, Gandhian and liberalism.

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Q:

Which of the following statements is correct about the President of India ?

A) Addresses first session of Parliament after each General Election. B) Addresses first session of Parliament at the beginning of each year
C) Addresses every session of Parliament D) Never addresses Parliament
 
Answer & Explanation Answer: A) Addresses first session of Parliament after each General Election.

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