Questions

Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law B) Grimm's law
C) Gresham's law D) Keynes' law
 
Answer & Explanation Answer: C) Gresham's law

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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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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

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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.

The quest for a _____ life engrosses every human being on this earth. Everyman tends to define a happy life in a _____ individualistic fashion. _____have attempted to define a happy life in various terms. Hedonists have a _____ notion that happiness lies in the _____ of physical appetites.

on this earth. Everyman tends to define a happy life in a _____ individualistic fashion.

A) distinctly B) identically
C) similar D) serious
 
Answer & Explanation Answer: A) distinctly

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Q:

Acid rain is caused by release of ___ and___ into the air.

A) Carbon dioxide and Carbon monoxide B) Sulphur dioxide and nitrogen oxides
C) Oxygen and Water vapour D) Nitrous oxide and Ozone
 
Answer & Explanation Answer: B) Sulphur dioxide and nitrogen oxides

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Q:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI D) Deposit mobilisation
 
Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

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Q:

Which answer figure will complete the pattern?

A) X B) W
C) V D) U
 
Answer & Explanation Answer: D) U

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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 fourand indicate it by selecting the appropriate option.

I ______ not attend the party

A) probably be B) will be
C) won’t D) shall
 
Answer & Explanation Answer: D) shall

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