Q:

The goods which people consume more, when their price rises are called _______.

A) Essential goods	B) Capital goods
C) Veblen goods	D) Giffen goods

Answer & Explanation Answer: D) Giffen goods

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

__________ of an input is defined as the change in output per unit of change in the input when all other inputs are held constant.

A) Marginal product	B) Production function
C) Total product	D) Average product

Answer & Explanation Answer: A) Marginal product

Explanation:

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Q:

Which acid is secreted by certain glandular cells in the stomach lining?

A) Hydrochloric	B) Ethanoic
C) Formic	D) Nitric

Answer & Explanation Answer: A) Hydrochloric

Explanation:

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. If there is no error, theanswer is (E), ie ‘No error’. (Ignore the errors of punctuation, if any.)

The reason why he failed/ to attend the meeting/ with a complete presentation/ was because he was unwell./ No error

A) The reason why he failed	B) to attend the meeting
C) with a complete presentation	D) was because he was unwell.

Answer & Explanation Answer: D) was because he was unwell.

Explanation:

The group of words “the reason why" already indicates the reason. There is no need to use the word “because". The word connecting the two clauses should be “that".

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the word opposite in meaning to the word given.
Opprobrium

A) Adulation	B) Ignominy
C) Mystical	D) Preclude

Answer & Explanation Answer: A) Adulation

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In a cut motion, when the amount of demand is reduced by Rs 100/ , it is known as

A) Disapproval of policy cut	B) Economy cut
C) Vote on Account	D) Token cut

Answer & Explanation Answer: D) Token cut

Explanation:

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Filed Under: Indian Economy

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Q:

What is a bank rate?

A) Rate at which Central bank of a country advances loans to other banks in the country	B) Rate at which banks advance loans to the customers
C) Rate at which banks lend among themselves	D) Rate at which banks lend to money lenders

Answer & Explanation Answer: A) Rate at which Central bank of a country advances loans to other banks in the country

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If demand curve for racing cycles is D = 80200 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units	B) 31220 units
C) 8750 units	D) 41720 units

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