Question
Statement: The alumni of the institute returned to
rescue crumbling building of 112-year-old alma mater. I. The Building of the institute was built 112 years ago at the time of its inception II. The alumni visited the institute after a long period of time. In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Solution
We can’t make out when was the building constructed. We also don’t know if the alumni had not visited the school in the interim, hence both assumptions are not implicit and option 4 is the correct answer.
Which of the following best defines inflation?
The production function of a firm is a relationship between which two factors?Â
As per the Income Tax Act of 1961, Section 115JB, the Minimum Alternate Tax (MAT) is calculated at what percentage of the book profit?Â
Which is the parameter for the economic development ?
An increase of 1% per annum in the growth rate of the money supply will increase inflation by:Â
Which of the following institutions have wrote the book ‘Healthy Recipes for Defence’?
Which of the following is not an investment expenditure in goods and services?
In which year was the Fiscal Responsibility and Budget Management (FRBM) Act enacted?
What philosophical concept was introduced by Basavanna in the 12th century?
 In which Union Budget was the formation of MUDRA Bank announced?
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