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Question : Consider the following and decide which, if any, economy is without scarcity:
Option 1: The pre-independent Indian economy, where most people were farmers.
Option 2: A mythical economy where everybody is a billionaire.
Option 3: Any economy where income is distributed equally among its people
Option 4: None of the above
Correct Answer: None of the above
Solution : The correct answer is (d) None of the above. Scarcity refers to the limited availability of resources relative to unlimited wants and needs. In all the given scenarios, scarcity still exists, although the nature of scarcity may vary. a) In the pre-independent Indian economy, even though most people were farmers, there were still limitations on resources such as land, water, and labor, which created scarcity in the allocation of those resources. b) In a mythical economy where everybody is a billionaire, while individuals may have abundant financial resources, there would still be scarcity of other resources like time, natural resources, and certain goods and services. Scarcity extends beyond just monetary wealth. c) In an economy where income is distributed equally, there would still be scarcity of resources, as equal distribution of income does not eliminate the fundamental problem of limited resources relative to unlimited wants.
Therefore, scarcity exists in all economies, and none of the given scenarios represents an economy without scarcity.
Question : Complete each sentence by choosing the correct homophone and writing it in the blank
I hope the ____ is fine on the hill
Option 1: weather
Option 2: whether
Option 3: weathere
Option 4: leather
Correct Answer: weather
Solution : The correct answer is option 1
Explanation:
Weather means the condition of the atmosphere in relation to heat, clouds, dryness, sunshine, wind, rain, etc. at a specific location and time.
Whether is a conjunction which means expressing uncertainty or a decision between options.
Weathered is not a meaningful word.
Leather is the material obtained from the animal skin.
According to the meaning of all these four homophones, the suitable word for the sentence is " Weather". Hence we have chosen option 3.
Therefore the complete sentence is
I hope the weather is fine on the hills.
Question : Select the option that can be used as a one-word substitute for the given group of words
The murder of a large number of people from a particular nation or ethnic group.
Option 1: Geronticide
Option 2: Honour killing
Option 3: Genocide
Option 4: Mariticide
Correct Answer: Genocide
Solution : The correct choice is the third option.
Explanation: "Genocide" is a term that specifically refers to the systematic and intentional killing of a large number of people from a particular nation or ethnic group, with the aim of destroying that group in whole or in part.
The correct sentence is: "The genocide targeted a large number of people from a particular nation or ethnic group."
Question : Select the most appropriate ANTONYM of the given word.
Infinite
Option 1: Boundless
Option 2: Unfathomable
Option 3: Absolute
Option 4: Evanescent
Correct Answer: Evanescent
Solution : The fourth option is correct.
Infinite means limitless, without bounds, endless, whereas evanescent is something that tends to vanish, like vapour, or pass away quickly. So, Evanescent represents the opposite of Infinite because it suggests something that is temporary, transient, or not lasting indefinitely.
Since you already have a post-graduate degree and experience working in the accounts and finance department, you can pursue professional certifications in the field to get an increment in your salary. Certifications like CPA or CMA can enhance your skills leading to better salary prospect.
You can also consider courses in areas such as financial analysis, risk management, or taxation.
I hope this helps,
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Question : In a _________ network, all nodes are connected to a single communication line and share it for all their communication needs.
Option 1: ring
Option 2: completely connected
Option 3: star
Option 4: multi-access bus
Correct Answer: multi-access bus
Solution : The correct option is the multi-access bus.
In a bus network, all nodes are connected to a single communication line, the bus, and share it for all their communication needs. In this type of network, data is sent along the bus, and all connected devices receive the data. Each device has a unique address, and only one with the corresponding address processes the data. Bus networks are relatively simple.
Question : Direction: Find the missing number from the given alternatives.
Option 1: 73
Option 2: 68
Option 3: 101
Option 4: 55
Correct Answer: 73
Solution : Given:
In the first column, 23 + 13 + 33 = 36.
In the third column, 03 + 43 + 33 = 91
In the second column, 43 + 23 + 13 = 73
Hence, option first is correct.
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