IT
Question : Which of the following statements is correct regarding the production possibility frontier?
I. It gives the combinations between two goods that can be produced when the resources of the economy are fully utilised.
II. It illustrates the production possibilities of the economy.
Option 1: Only I
Option 2: Only II
Option 3: Both I and II
Option 4: Neither I nor II
Correct Answer: Both I and II
Solution : The correct answer is Both I and II.
A graph known as the production possibilities curve (PPC) illustrates every possible output combination that is currently possible with available resources and technological advancements. The PPC, also known as the production possibilities frontier (PPF),
Question : Directions: Study the given pattern carefully and select the number that can replace the question mark (?) in it. (12, 7, 32); (17, 13, 33); (14, 8, ?) (NOTE: Operations should be performed on the whole numbers, without breaking down the numbers into their constituent digits. E.g. 13 – Operations on 13 such as adding/subtracting/multiplying etc. to 13 can be performed. Breaking down 13 into 1 and 3 and then performing mathematical operations on 1 and 3 is NOT allowed.)
Option 1: 38
Option 2: 35
Option 3: 43
Option 4: 42
Correct Answer: 38
Solution : Given: (12, 7, 32); (17, 13, 33); (14, 8, ?)
Here, (12, 7, 32)→(5 × 12) – (4 × 7) = 60 – 28 = 32 (17, 13, 33)→(5 × 17) – (4 × 13) = 85 – 52 = 33 Similarly, follow the same
Question : What impact did the rise of new economic interests during the Five-year Plans have on the Indian political landscape?
Option 1: It weakened the federal structure of India.
Option 2: It led to the decline of the Congress party's dominance.
Option 3: It enhanced the role of the judiciary in economic matters.
Option 4: It promoted the growth of regional political parties.
Correct Answer: It led to the decline of the Congress party's dominance.
Solution : The rise of new economic interests during the Five-year Plans led to the decline of the Congress party's dominance, as it paved the way for the emergence of various interest groups and political parties that challenged
Question :
Summarize the following paragraph
According to the dictionary, the word tsunami stands for an extremely large wave in the sea, caused by an earthquake. Such mighty waves caused by earthquakes are not very common but these have been seen in different oceans at different periods. Whenever such a wave appears, it causes an all round havoc in all the areas that come across the path of these high waves moving at a terrific speed. At such times, water which is generally called the elixir of life becomes a real danger destroying life and property on a large scale.
Option 1: None of these
Option 2:
Tsunami denotes unbridled and lethal water
Option 3:
Tsunami causes mass destruction
Option 4:
Tsunami causes precariousness
Option 5:
Tsunami is caused by earthquakes
Correct Answer:
Solution : The paragraph is about how does tsunami work. Hence, “Tsunami denotes unbridled and lethal water” is the best option
Question : When MU is positive, what happens to TU?
Option 1: It decreases.
Option 2: It becomes the highest.
Option 3: It remains constant.
Option 4: It increases.
Correct Answer: It increases.
Solution : As long as MU is positive, TU rises with an increase in commodity consumption. TU increases at a decreasing rate during this phase because MU from each successive unit tends to diminish.
Question : Comprehension:
In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each number.
I arrived in Delhi in 2009 from a very small town. I had (1)______ lived in a big city before. It was a (2)______ experience for me. I walked around, learning (3)______ names of the streets and taking notes (4)______ the shops. After months of wandering, I (5)______ that I had slowly become familiar with Delhi and (6)______ at home. On weekends, I packed some chapatis that (7)______ as my mid-day meal. Then I left for a (8)______ park where I spent hours (9)______ the people of my new city (10)______ feeding the birds with bits of chapatis.
Question:
Select the most appropriate option to fill in the blank No. 1.
Option 1: totally
Option 2: never
Option 3: ever
Option 4: almost
Correct Answer: never
Solution : The second option is correct.
As per the 1st sentence of the cloze test, the subject had not lived in a big city in the past.
Thus, the adverb never, will be the correct choice in the first blank.
Question : Comprehension: In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank. South Korea is the most cosmetically (1)______ country on Earth. Beauty editors estimate that it is because of the government’s heavy investment (2)______ industry. It is ahead of its competitors, and its citizens (3)_____ twice as much on skincare products as consumers in the United States, the UK, and France. Korean shoppers are (4)______ the world’s most discerning. Eight out of 10 Korean women in their 20s and 30s use an app that (5)_____ like a cosmetics-specific, to debate the merits of various common ingredients. Question: Select the most appropriate option to fill in the blank number 3.
Option 1: Spend
Option 2: cherish
Option 3: comply
Option 4: Propogate
Correct Answer: Spend
Solution : The first option is the correct choice.
The sentence is comparing the amount of money spent by citizens of South Korea on skincare products to consumers in the United States, the UK, and France. In this context, the verb that appropriately fits is spend, indicating
Question : If the share of Rs. 100 on which Rs. 60 has been paid, it can be re-issued at the minimum price of:
Option 1: Rs. 60
Option 2: Rs. 100
Option 3: Rs. 40
Option 4: Rs. 140
Question : Which feature of marketing is highlighted in the given statement? Statement: It refers to complete offer for a product or services by specifying it's features, quality,price,availability,etc.
Option 1: Need and want
Option 2: Customer value
Option 3: Creating a market offering
Option 4: Exchange mechanism
Correct Answer: Creating a market offering
Solution : Market offering refers to a complete offer for a product or services by specifying it's features,quality,price,availability,etc. The purpose is to provide complete information about the product.
Hence, option C is correct.
Question : Arun, Bhushan and Chetan are partners in a firm sharing profits in 3: 2: 3 ratio. They decide to admit Sehzad as a partner. Arun surrendered 1 / 3 of his share in favour of Sehzad, Bhushan surrendered 1/4 of his share in favour of Sehzad and Chetan surrendered 1/5 of his share in favour of Sehzad. The new profit sharing ratio of partner will be
Option 1: 3: 2: 3: 2
Option 2: 2: 2: 1: 1
Option 3: 2: 1: 2: 1
Option 4: None of the above
Correct Answer: None of the above
Solution : Answer = none of the above (i) Calculation of Surrendered share :
Arun's old share $=\frac{3}{8}$, Arun surrenders $\frac{1}{3}$ of $\frac{3}{8}$ in favour of Sehzad, i. e., $\frac{1}{3} \times \frac{3}{8}=\frac{1}{8}$
Bhushan's old share $=\frac{2}{8}$, Bhushan surrenders $\frac{1}{4}$ of $\frac{2}{8}$ in favour of
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