Questions

Q:

When the productive capacity of the economic system of state is inadequate to create sufficient number of jobs, it is called _______

A) seasonal unemployment B) structural unemployment  
C) disguised unemployment   D) cyclical unemployment
 
Answer & Explanation Answer: D) cyclical unemployment

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Q:

Stagflation is defined as

A) low inflation, low growth, low unemployment B) high inflation, low growth, high unemployment
C) high inflation, high growth, high unemployment D) low inflation, high growth, low unemployment
 
Answer & Explanation Answer: B) high inflation, low growth, high unemployment

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Q:

Which part of the brain plays an important role in motor control?

A) Cerebellum B) Cerebrum
C) Medulla D) Pons
 
Answer & Explanation Answer: A) Cerebellum

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Q:

Accumulation of which one of the following in the leads to cramp?

A) Lactic acid B) Ethanol
C) Pyruvic acid D) Glucose
 
Answer & Explanation Answer: A) Lactic acid

Explanation:

Muscle cramping is a common problem encountered by athletes and non athletes alike. Defined as painful involuntary skeletal muscle contractions, cramps may be categorized as either non exercise related or exercise related. Traditionally, such cramping was believed to arise from dehydration, electrolyte imbalances (including magnesium, potassium and sodium),accumulation of lactic acid, or low cellular energy levels.

 

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Q:

Kolleru Lake, located in the southern state of Andhra Pradesh, is located at the delta of two rivers. Which are the rivers?

A) Krishna and Cauvery B) Tungabhadra and Chitravathi
C) Godavari and Mahanadi D) Godavari and Krishna
 
Answer & Explanation Answer: D) Godavari and Krishna

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) All of them B) speak
C) good english D) No error
 
Answer & Explanation Answer: C) good english

Explanation:

The error is in third part. Replace ‘good’ with ‘correct’. English is not good or bad, but it can be correct or incorrect. We can also say ‘All of them speak English well’, or ‘All of them speak fluent English’. The error remains in part c.

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Q:

The innovation theory of profit was proposed by

A) Marshall B) Clark
C) Schumpeter D) Joan Robbinson
 
Answer & Explanation Answer: C) Schumpeter

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Q:

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

A) 8 percent B) 12.5 percent
C) 10 percent D) 15 percent
 
Answer & Explanation Answer: B) 12.5 percent

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