Questions

Q:

The determinants of aggregate supply -

A) Capital stock B) Wages
C) Technology D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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Q:

Which is the political party started by Telugu film actor Chiranjeevi, who later merged it with the Indian National Congress?

A) Nava Nirman Party B) Andhra Pride Party
C) Telugu Desam Party D) Praja Rajyam Party
 
Answer & Explanation Answer: D) Praja Rajyam Party

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.

Up a blind alley

A) hiding something intentionally from another person B) not warning a person who is in danger
C) one can enjoy thrills only if one takes risk D) following a course of action that is certain to lead to an undesirable outcome
 
Answer & Explanation Answer: D) following a course of action that is certain to lead to an undesirable outcome

Explanation:
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

 

She says,"I keep at an arm's length, all those who try to flatter me."

 

A) She said that she kept at an arms length all those who try to flatter her. B) She exclaims that she keeps at an arm's length all of them who try to flatter her.
C) She says that she will keep at an arm's length all thos who flatter her. D) She says that she keeps at an arm's length all those who try to flatter her.
 
Answer & Explanation Answer: D) She says that she keeps at an arm's length all those who try to flatter her.

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'.

Sometimes it appears as if they are deliberately (1)/ limiting their chances of survival in order (2)/ to observe some customary or taboo.(3)/ No error (4)

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

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. Ifa  sentence is free from error, select 'No Error'.

Buttressing the confidence in the economy (1)/ are the findings in the survey, which posits (2)/ an improvement in the infrastructure sectors.(3)/ No error. (4)

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

Explanation:
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Q:

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: B) Production function

Explanation:
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Q:

Short run marginal cost curve cuts the short run average cost curve from _______ at the minimum point of short run average cost.

A) top B) below
C) right D) left
 
Answer & Explanation Answer: B) below

Explanation:
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