Questions

Q:

When some goods or productive factors are completely fixed in amount, regardless of price, the supply curve is

A) horizontal B) downward sloping to the right
C) vertical D) upward sloping to the right
 
Answer & Explanation Answer: D) upward sloping to the right

Explanation:

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

 

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Q:

A motion that seeks to reduce the amount of demand presented by government to Rs. 1/- is known as

A) Disapproval of policy Cut B) Token cut
C) Economy cut D) Vote on account
 
Answer & Explanation Answer: A) Disapproval of policy Cut

Explanation:
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Q:

Majority of the fungal bionts of lichens belong to

A) Baridiomycetes B) Ascomycetes
C) Gomycetes D) Deuteromycetes
 
Answer & Explanation Answer: B) Ascomycetes

Explanation:
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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.

Morality is _____ with ethics and symbolises the doctrine of actions right or wrong. Politics is the _____ of expediency and need not always be _____. If something is wrong and _____ expedient, it cannot be _____.

If something is wrong and _____ expedient,

A) merely B) essentially
C) surely D) hardly
 
Answer & Explanation Answer: A) merely

Explanation:
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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.
His father _____ him up in a construction business.

A) built B) hold
C) keep D) set
 
Answer & Explanation Answer: D) set

Explanation:
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Q:

In this section, each of the following sentences has a blank space and four words are given below it. select the word or group of words you consider most appropriate for the blank space and indicate your response on the Answer Sheet accordingly.

 

He is quite __________; you can never count on him in matters of secrecy.

A) unjust B) unbearable
C) inefficient D) unreliable
 
Answer & Explanation Answer: D) unreliable

Explanation:

Unreliable, someone we cannot count on or depend on is called as unreliable, therefore option-d follows. Unjust means characterized by injustice. Unbearable means not bearable. Inefficient means someone who cannot bring the desired result.

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Q:

Which of the following tax systems will help to reduce economic inequalities in India?

A) Regressive Tax B) Progressive Tax
C) Flat rate tax D) None of these
 
Answer & Explanation Answer: B) Progressive Tax

Explanation:
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Q:

Carnotite is an ore/mineral of _____.

A) Beryllium B) Chromium
C) Uranium D) Copper
 
Answer & Explanation Answer: C) Uranium

Explanation:
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