Questions

Q:

What kind of flowers are traditionally given to symbolise love?

A) Yellow roses B) Pink roses
C) Red roses D) White roses
 
Answer & Explanation Answer: C) Red roses

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

Pithy

 

A) Verbose B) Brief
C) Lengthy D) Unabridged
 
Answer & Explanation Answer: B) Brief

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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.

As high as a kite

 

A) Intoxicated with alcohol.   B) Feel light after meditation.
C) Feel jubilant after victory. D) Behave arrogantly.
 
Answer & Explanation Answer: A) Intoxicated with alcohol.  

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Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The conclusion of World Trade Organization’s 11th biennial ministerial conference at Buenos Aires was worrisome. From an Indian standpoint, there was no loss as status quo continues in the most important issue: the right to continue the food security programme by using support prices. But the inability of the negotiators to reach even one substantive outcome suggests that WTO’s efficacy is under question. As a 164-country multilateral organisation dedicated to crafting rules of trade through consensus, WTO represents the optimal bet for developing countries such as India. Strengthening WTO is in India’s best interest.

 

Perhaps the biggest threat to WTO’s efficacy today is the attitude of the US. The world’s largest economy appears to have lost faith in the organisation and has begun to undermine one of its most successful segments, the dispute redressal mechanism. This is significant as the US has been directly involved in nearly half of all cases brought to WTO. Separately, large groups of countries decided to pursue negotiations on e-commerce, investment facilitation and removal of trade obstacles for medium and small scale industries. By itself this should not weaken WTO. But it comes at a time when there is growing frustration with gridlock at WTO.

 

India did well to defend its position on its food security programme. The envisaged reform package which will see a greater use of direct cash transfers to beneficiaries will be in sync with what developed countries do. But it’s important for India to enhance its efforts to reinvigorate WTO. In this context, India’s plan to organise a meeting of some countries early next year is a step in the right direction. WTO represents the best available platform to accommodate interests of a diverse set of nations. Therefore, India should be at the forefront of moves to fortify it.

 

Which of the following is the most successful segments of the WTO mentioned in the passage?

 

A) Dispute redressal mechanism B) Intellectual Property Rights
C) Reviewer of government’s trade policies. D) Agreement on trade in services.
 
Answer & Explanation Answer: A) Dispute redressal mechanism

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

Whether it (were balancing) the budget or the day-to-day menu, grandma was the expert.

 

A) has balancing B) was balanced
C) was balancing D) no improvement
 
Answer & Explanation Answer: C) was balancing

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Q:

Which body part will be effected with the disease leprosy?

A) blood B) legs
C) skin D) brain
 
Answer & Explanation Answer: C) skin

Explanation:

Leprosy is the disease which effects skin.

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Q:

Which taxes are included in GST?

A) Taxes on lottery B) Sales/VAT tax
C) Both A & B D) None of the above
 
Answer & Explanation Answer: C) Both A & B

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Q:

The first Indian Budget was presented by James Wilson on?

A) 1869 B) 1867
C) 1865 D) 1863
 
Answer & Explanation Answer: A) 1869

Explanation:

The first Indian Budget was presented by James Wilson on 18th February, 1869.

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