Questions

Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

Explanation:
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Filed Under: Indian Economy
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Q:

Look at the underlined part of each sentence. Below each sentence are given three possible substitutions for the underlined part. If one of them (a), (b) or (c) is better than the underlined part, indicate your response on the Answer Sheet against the corresponding letter. If none of the substitutions imporves the sentence, indicate (d) as your response on the Answer Sheet.

I didn’t go to office because I was ill.

A) felt B) had become
C) had felt D) no improvement
 
Answer & Explanation Answer: D) no improvement

Explanation:

No improvement required. Illness is a condition and not a feeling.

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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button
corresponding to it. If the sentence is free from error, click the "No error" option.
(A) The job is
(B) under the direct
(C) of Mrs Jones.
(D) No Error

A) A B) B
C) C D) D
 
Answer & Explanation Answer: B) B

Explanation:
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Q:

In the given question, a statement divided into different segments is given. The first segment is fixed, rearrange the other segments to form a coherent statement.

The dissolution of the assembly/ in the state which was (P)/ was followed by a prolonged (Q)/ already marred with political instability (R)/ tug of war for seizing the power (S)

A) RSPQ B) QSRP
C) PSRQ D) PRQS
 
Answer & Explanation Answer: D) PRQS

Explanation:

Clearly, R and S can't follow the first segment. This eliminates option 1.

Option 2: It is incorrect since P ends with was, which can't be used to end the statement.

Option 3: It is incorrect since the statement can't end in 'by a prolonged'.

Option 4: It makes a coherent statement; hence put it on hold.

Option 5: It is incorrect because P ends in 'was' and Q begins with 'was'.

Two 'was' can't be used together. Hence, the correct sequence is PRQS.

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Q:

A 'Market Economy' is one which

A) is controlled by the Government B) is free from the Government control
C) in influenced by international market forces D) All of these
 
Answer & Explanation Answer: B) is free from the Government control

Explanation:
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Filed Under: Indian Economy
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Q:

In  which  one  of  the  following  States  is Loktak Lake situated?

A) Sikkim B) Himachal Pradesh
C) Manipur D) Meghalaya
 
Answer & Explanation Answer: C) Manipur

Explanation:

Loktak Lake:the largest freshwater  (sweet)  lake  in  North -East  India,  also  called  the  only Floating  lake  in  the  world  due to the floating phumdis (heterogeneous mass of vegetation,    soil,    and    organic matters    at    various    stages    of decomposition)   on   it,   is   located near   Moirang   in   Manipur   state, India.  The  etymology  of  Loktak  is Lok  =  "stream"  and  tak  =  "the end"

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Filed Under: Indian Geography
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Q:

Where is Nargu Wildlife Sanctuary?

A) Tamil Nadu B) Himachal Pradesh
C) Karnataka D) Uttar Pradesh
 
Answer & Explanation Answer: B) Himachal Pradesh

Explanation:
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Q:

Where is Major Dhyan Chand National Stadium located?

A) Patna B) Shimla
C) New Delhi D) Agartala
 
Answer & Explanation Answer: C) New Delhi

Explanation:
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Filed Under: Indian Geography
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