Questions

Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Filed Under: Indian Economy
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Q:

Bilateral monopoly situation is

A) when there are only two sellers of a product B) when there are only two buyers of a product
C) when there is only one buyer and one seller of a product D) when there are two buyers and two sellers of a product
 
Answer & Explanation Answer: C) when there is only one buyer and one seller of a product

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Filed Under: Indian Economy
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Q:

The famous Golconda Fort is situated in the state of

A) Madhya Pradesh B) Telangana
C) Karnataka D) Bihar
 
Answer & Explanation Answer: B) Telangana

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

___ is not a chemical change.

A) Cooking an egg B) Melting an ice cube
C) Baking a cake D) Rotting Bananas
 
Answer & Explanation Answer: B) Melting an ice cube

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The International Cricket Council (ICC), the international governing body of Cricket founded by 1909 by

A) International Cricket Conference B) International Cricket Council
C) Imperial Cricket Council D) Imperial Cricket Conference
 
Answer & Explanation Answer: D) Imperial Cricket Conference

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Filed Under: Sports
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Q:

One of the earliest explorers who visited India was Megasthenes. Which country did he hail from?

A) Spain B) Italy
C) Greece D) Egypt
 
Answer & Explanation Answer: C) Greece

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

The chasm ______________ the needs of the people who struggle ______________ survival, action and inaction by representatives, and lack of remedial justice has compromised representative democracy _________________. Defections from one party to another indicate _______________ of the basic obligations of representatives, even ___________ their own people starve.

 

Defections from one party to another indicate _______________ of the basic obligations of representatives

 

A) renunciating B) renunciation
C) renunciate D) the renunciation
 
Answer & Explanation Answer: B) renunciation

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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 alternative which best expresses the meaning of the idiom/phrase.

 

A fool's paradise

 

A) An average person appears smart in company of fools. B) A state of happiness based on a person's not knowing about potential trouble.
C) A paradise is ruined when fools enter it. D) Pretending that everything is going fine when actually all is being lost.
 
Answer & Explanation Answer: B) A state of happiness based on a person's not knowing about potential trouble.

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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