Job
Question : Let's say you earn Rs. 40,000 a month from your job at a bank. Assume you also receive the following two job offers: (a) an executive position paying Rs. 30,000 per month; or (b) a journalist position paying Rs. 35,000 per month. The opportunity cost of working in a bank in the example provided is ____.
Option 1: Rs.35,000
Option 2: Rs.30,000
Option 3: Rs.40,000
Option 4: Rs.1,05,000
Correct Answer: Rs.35,000
Solution : Opportunity cost is the price paid to forego the next best option. In the example provided, the opportunity cost of choosing to work for a bank is the loss of Rs. 35,000 from the next best option. Hence, the correct option is 1.
Question : Directions: In the following question, a sentence is given with a blank that is to be filled in with an appropriate word. Four alternatives are suggested; choose the correct alternative out of them as your answer.
The river abounds ________ fish and crocodiles.
Option 1: with
Option 2: of
Option 3: at
Option 4: on
Correct Answer: with
Solution : The first option is the correct answer, "with."
In the context of the sentence, the word "with" is the most appropriate choice. It indicates that the river is filled or teeming with both fish and crocodiles. "Abounds with" is a phrasal verb used to express
Hello!
Yes, definitely you can pursue BEd degree while doing job in Indian Railways. Distance education is always a good choice for those who do job and also want to pursue higher studies. The Indira Gandhi National Open University ( IGNOU) is a better option for such professionals.
Hope this
Question : What was a significant outcome of the first three general elections in India?
Option 1: Formation of coalition governments
Option 2: Emergence of a multi-party system
Option 3: Dominance of the Indian National Congress
Option 4: Introduction of the electronic voting system
Correct Answer: Dominance of the Indian National Congress
Solution : The first three general elections in India resulted in the dominance of the Indian National Congress, which established a strong political presence at both the national and state levels.
Question : Statement 1: Entrepreneurship development leads to job creation and reduced unemployment.
Statement 2: The Pradhan Mantri Rojgar Protsahan Yojana offers incentives to employers to do more household activities.
Option 1: Both statements are true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 2 is true, but statement 1 is false.
Option 4: Both statements are false.
Correct Answer: Statement 1 is true, but statement 2 is false.
Solution : The correct answer is (b) Statement 1 is true, but statement 2 is false.
Statement 1 is true. Entrepreneurship development can lead to job creation and contribute to the reduction of unemployment, as new businesses often generate
Statement 2: The Pradhan Mantri Rojgar Protsahan Yojana offers incentives to employers to promote job creation.
Correct Answer: Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1 is accurate. Entrepreneurship development can lead to job creation and contribute to the reduction of unemployment.
Statement 2 is also true. The Pradhan Mantri Rojgar Protsahan Yojana is a government scheme
Question : Which of the following is an example of the principle of stability in the management process?
Option 1: A manager constantly changing the organizational structure
Option 2: A manager providing job security to employees
Option 3: A manager regularly changing the job responsibilities of employees
Option 4: A manager promoting employees based on favoritism
Correct Answer: A manager providing job security to employees
Solution : The principle of stability in the management process states that employees should be given job security and stability, which helps to reduce anxiety, increase job satisfaction, and improve productivity.
Hence, Option B is correct.
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