Questions

Q:

Which  one  of  the  following  indices  is  now used  by  the  Reserve  Bank  of  India  to measure the rate of inflation in India?

A) NASDAQ Index B) BSE Index
C) Consumer Price Index D) Wholesale Price Index
 
Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The  Wholesale  Price  Index  (WPI) was  main  index  for  measurement of  inflation  in  India  till  April  2014 when  RBI  adopted  new  Consumer Price   Index   (CPI)   as   the   key measure of inflation.

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Filed Under: Indian Economy
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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

Explanation:
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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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'.
Our office building comprises (1)/ seven floors and a restaurant at the top in an (2)/ area of about eight hundred sq. metres. (3)/ No Error (4)

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

Explanation:
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Q:

Women's Doubles World Champions for 2015 announced by International Tennis Federation are

A) Martina Hingis and Sania Mirza B) M. Sands and L Safarova
C) Serena Williams and Venus Williams D) Sara Errani and Roberta Vinci
 
Answer & Explanation Answer: A) Martina Hingis and Sania Mirza

Explanation:
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Filed Under: Sports
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Q:

Ashoka The Great (273–232 B.C.) was the ruler of which dynasty?

A) Mewar B) Mughal
C) Maurya D) Peshwas
 
Answer & Explanation Answer: C) Maurya

Explanation:
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Filed Under: Indian History
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Q:

A and B together can finish a work in 30 days. They worked for it for 20 days and then B left the work. The remaining work was done by A alone in 20 days more. In how many days can A alone finish the work?

A) 48 days B) 50 days
C) 54 days D) 60 days
 
Answer & Explanation Answer: D) 60 days

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.

 

We often feel, in such an environment, that our social sphere _____________ around us. We can see, in quantitative values — the number of likes, re-posts, shares — the interest garnered by anything created by us. This makes social interaction slightly more ___________, when we start to think of it in number terms. It becomes easier to see it in visual terms, rather ________ emotive cues. And _____________ that happens we are motivated to reveal only those parts of ____________ that we know will trigger a considerable quantitative response.

 

in visual terms, rather ________ emotive cues

 

A) then B) that  
C) than D) which
 
Answer & Explanation Answer: C) than

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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