Q:

In terms of economics, if it is possible to make someone betteroff without making someone worseoff, then the situation is

A) Inefficient	B) Efficient
C) Optimal	D) Paretosuperior

Answer & Explanation Answer: D) Paretosuperior

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Goods whose demand is proportional to price are called

A) inferior goods	B) Veblen goods
C) normal goods	D) exclusive goods

Answer & Explanation Answer: B) Veblen goods

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Stagflation is a period of _______.

A) Persistent high inflation combined with high unemployment	B) Persistent high inflation combined with low unemployment
C) Persistent low inflation combined with high unemployment	D) Persistent low inflation combined with low unemployment

Answer & Explanation Answer: A) Persistent high inflation combined with high unemployment

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Filed Under: Indian Economy
Exam Prep: CAT

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Q:

Saving is that portion of money income that is .....

A) spent for development of Industries	B) not spent on consumption
C) spent on health and education	D) spent for consumer durables

Answer & Explanation Answer: B) not spent on consumption

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The lengths of the two diagonals of a rhombus are 5 cm and 12 cm. Find its area (in $c m^{2}$ )

A) 30	B) 15
C) 60	D) 45

Answer & Explanation Answer: A) 30

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

Who invented the mouse of a computer?

A) John Backus	B) Charles Babbage
C) Douglas Engelbart	D) Simon Colton

Answer & Explanation Answer: C) Douglas Engelbart

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Filed Under: Inventions
Exam Prep: Bank Exams

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Q:

Who gave the title of Raja to Ranjit Singh?

A) Diwan Shah	B) Lord Lake
C) Zaman Shah	D) King of Kashmir

Answer & Explanation Answer: C) Zaman Shah

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Whose ear Mike Tyson bite in professional boxing match in 1997 for the WBA Heavyweight Championship?

A) James Douglas	B) Evander Holyfield
C) Riddick Bowe	D) Michael Moorer

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