Questions

Q:

An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______.

A) Zero percent B) One percent
C) 0.5 percent D) More than one percent
 
Answer & Explanation Answer: B) One percent

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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales D) How long it takes to sell merchandise inventory
 
Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

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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.

 

India has already made _________________ concessions to enable a consensus and successful outcome at Paris. Now it must ensure that it is not caught in a relentless ________________ process where each concession becomes an argument for making the next one. The post-Paris negotiations will determine more ____________ the shape of the climate change architecture for the next several decades. We _______________ ensure that India’s vital interests are safeguarded and the principle ____________ equity and equitable burden-sharing is reflected across this architecture.

 

the principle ____________ equity

 

A) for B) of
C) about D) like
 
Answer & Explanation Answer: B) of

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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.

 

To impose costs on one of the parties at the end of a ________________ litigation is common; it is meant, among other things, to act as a ___________________ against litigants abusing the process and the system of the law. But to seek pre-deposits with a view to prioritising a certain kind of case over another, by __________________ early dates of hearing to those that are capable of paying huge ___________ of money, is simply staggering. It reinforces a scheme of classism that ought to have no place in any court of law, let ______________ the apex court of the land.

 

by __________________ early dates of hearing

 

A) conceding B) rewarding
C) donating D) granting
 
Answer & Explanation Answer: D) granting

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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 thefour alternatives.


One who has witnessed a debate ______ argument between two men _____________ strong intellectually, one of whom is a trained logician and the other lacking this advantage, will never forget the impression produced _________ him by the unequal struggle. The conflict is like that of a ____________ wrestler, untrained in the little tricks and turns of the science, in the various principles of applying force in a certain way at a certain time, at a certain place, with a __________ and experienced wrestler.


like that of a ____________ wrestler, untrained

 

A) powerful B) power
C) powerfully D) powering
 
Answer & Explanation Answer: A) powerful

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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.

 

All this suggests the intimate relations which exist between history, politics, and sociology. The ____________ thing, however, is not the identities but the distinctions.For, however much the _____________ disciplines may, in practice, overlap, it is necessary ________ the sake of clear thinking to have their limits defined. As far _______sociology and history are concerned the differences may be summed up in a word. __________ history and sociology are concerned with the life of man as man.

 

As far _______ sociology and history are concerned

 

A) as B) like
C) same D) such
 
Answer & Explanation Answer: A) as

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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'.

A rate of growing is different(A)/for different sectors, but the service sector(B)/ always grows faster than agriculture.(C)/No error(D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: A) A

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