Questions

Q:

If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is ­3.2 findmP1?

A) Rs 85 B) Rs 80
C) D) Rs 95
 
Answer & Explanation Answer: B) Rs 80

Explanation:
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Q:

Chemical properties of isotopes .............

A) must be same B) must be different
C) need not be same D) need not be different
 
Answer & Explanation Answer: A) must be same

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Q:

In the given question, a part of the sentence is printed in bold. Below the sentence three alternatives to the bold part are given which may help improve the sentence. Choose the option that reflects the correct use of the phrase in the context of the sentence. In case the given sentence is correct, your answer is (E) i.e. No correction required.

Historians believe that much of Jesus’ story can be reconstructed, without the help of Bible, and with just the views of historians who lived during his time.

I. without the help of Bible, and by just the views

II. without the help from Bible, and with just the views

III. without the help of the Bible, and with just the views

A) Only I B) Only II
C) Only III D) Both I and III
 
Answer & Explanation Answer: C) Only III

Explanation:
The proper noun “bible”, requires the definite article 'the' before it. Whenever a classic or a holy book is being referred to, the article “the” must be used.
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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.

People may see, and hear, and feel all their lives without ____________ learning the nature of things they see. But reason is the mind's eye, and enables us to see why things are, and when and how events may be made to happen ___________ not to happen. The logician endeavours to ____________ exactly what this reason is which makes the power of men. We all, as I have said, must reason well or ill, but logic is the science of reasoning and enables us to distinguish ______________ the good reasoning which leads to truth, and the bad reasoning which every day betrays people into error _________ misfortune.

 

their lives without ____________ learning the nature 

 

A) really B)  real
C) reality D) realise
 
Answer & Explanation Answer: A) really

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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 reason is a fear that we will not ______________ find ourselves in that higher echelon of posts and achievements that get so many likes and reposts, a sign of success and ____________ in our binary outlook. A darker worry also exists at the back _______ our mind. What if we end __________ in the other group, an object of ridicule, derided as another in a long list of failures _________ embarrassments that go viral for all the wrong reasons?

 

What if we end __________ in the other group

 

A) upon B) on
C) up D) above
 
Answer & Explanation Answer: C) up

Explanation:
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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P. Farmers could no longer pay their loans and some banks were closed down.
Q. Prices dropped due to increased supply, which was followed by a drought.
R. The country was well advanced in technology and farmers increased their production levels.
S. The Great Depression in America began with overproduction and low prices in the agricultural sector.

 

A) RQPS B) QPSR
C) PSRQ D) SRQP
 
Answer & Explanation Answer: D) SRQP

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

A person who is intolerant towards those holding different opinions

 

A) Clement   B)  Magnanimous
C) Complaisant   D)  Bigot
 
Answer & Explanation Answer: B)  Magnanimous

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers.

 

Selling a commodity at a price that is not more than that charged by competitors is -

A) rejected by the free market system B) opposed by the advocates of the free market theories
C) considered suspicious by the free market theorists D) recognized by the advocates of the free market theories
 
Answer & Explanation Answer: D) recognized by the advocates of the free market theories

Explanation:
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