Questions

Q:

For the buying and selling of precious metals such as Goldand Silver, the market established is termed as ________ .

A) Capital Market B) Money Market
C) Bullion Market D) wholesale cash market
 
Answer & Explanation Answer: C) Bullion Market

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Q:

Which of the following e-commerce majors has signed an agreement with NIESBUD for encouraging SMEs to grow profitably online?

A) Amazon B) Flipkart
C) Snapdeal D) eBay
 
Answer & Explanation Answer: A) Amazon

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Q:

Which of the following is called GDP Deflator?

A) Ratio of nominal to real GDP B) Ratio of nominal to real GNP
C) Ratio of nominal to real CPI D) Ratio of real to nominal GNP
 
Answer & Explanation Answer: A) Ratio of nominal to real GDP

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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: D) decrease; increase

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Q:

Select the missing number from the given responses.

A) 1 B) 4
C) 9 D) 25
 
Answer & Explanation Answer: D) 25

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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.

 

Ring fencing

 

A) The place where the sport of fencing is played by two opponents.   B) Doubly protecting your assets.  
C) Guarantee that funds allocated for a particular purpose will not be spent on anything else.     D) Be ready to fight for what is your right.
 
Answer & Explanation Answer: C) Guarantee that funds allocated for a particular purpose will not be spent on anything else.    

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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.

 

We do not create enough space in our lives for the inspiration to ______ in.

 

A) flow B) fly
C) swim D) walk
 
Answer & Explanation Answer: A) flow

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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.

 

In a work ____________ art, each layer and texture, colour ____________ perspective creates an individualistic vision, which can mean different things to different viewers and even to its creator at different points of time. The audience does not ____________ see the struggle or uncertainty of the _____________ process, only its outcome. And sometimes, ___________ in the case of icons, the passage of time reveals the glow within.

 

audience does not ____________ see the struggle

 

A) usual B) usually
C) usualness   D) usuals
 
Answer & Explanation Answer: B) usually

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