Questions

Q:

In 2015 the nominal rate of interest in country was 6%, and the inflation rate then was 1.5%. So real rate of interest in 2015 was

A) 7.50% B) 4.50%
C) 4% D) 0.25%
 
Answer & Explanation Answer: B) 4.50%

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Q:

Macro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) resource allocation at firm level D) equilibrium prices and quantities
 
Answer & Explanation Answer: A) the circular flow of income

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Q:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P: When all the credit worthy people were given loans to a logical limit, they ceased to be a part of the market.
Q: Even this would have been understandable if it could work as an eye opener.
R: Owing to the materialistic culture elsewhere, it was possible to keep selling newer products to the consumers despite having existing ones which served equally
well.
S: They were lured through advertising and marketing techniques of 'dustbinisation' of the customer; and then finally, once they became ready customers, they were
given loans and credits to help them by more and more.

A) PRQS B) RSPQ
C) QSPR D) RPQS 
 
Answer & Explanation Answer: B) RSPQ

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Q:

Which of the following part of plant cell, is selectively permeable?

A) Cell wall B) Cell membrane
C) Cytoplasm D) Nucleus
 
Answer & Explanation Answer: B) Cell membrane

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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.


____________________ some respects, this is unsurprising. Many of these laws do not have an _______________ political flavour. The rule against admitting _______________ evidence, for instance, is a result of simple good sense and a keen awareness of human ______________, independent of the relationship between the ruler and the ruled. The same ________________ for the laws of property and contract.


Many of these laws do not have an _______________ political flavour.

 

A) overtly B) adequately
C) averagely D) abundantly
 
Answer & Explanation Answer: A) overtly

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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.

curiosity killed the cat

 

A) a person who constantly keeps asking questions is avoided by everybody B) everybody has a fatal weakness
C) being inquisitive about other people's affairs may get you into trouble D) everyone feels like killing a nagging person
 
Answer & Explanation Answer: C) being inquisitive about other people's affairs may get you into trouble

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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 preacher challenged hundreds of thousands of young people who gathered in a ___________ Polish meadow to reject being a "____________" who retreats into video games and computer screens and instead engage in social activism and politics to create a more just world. __________ his speech with ______________, the 79- year-old pope, despite a long day of public appearances, addressed his eager audience with enthusiasm yesterday on a warm summer night. Pope Francis spoke of a ______________ that comes from merely seeking convenience, from confusing happiness with a complacent way of life that could end up depriving people of the ability to determine their own fates.


__________ his speech with

A) Showering B) Endowing
C) Glorifying D) Peppering
 
Answer & Explanation Answer: D) Peppering

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