Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers	B) Income of consumers remains constant
C) Consumers are affected by demonstration effect	D) There are no changes in the price of substitute goods.

Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Filed Under: Indian Economy
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Q:

Which of the following characters is recessive in a pea plant?

A) Wrinkled seed	B) Green pod
C) Round pod	D) Round seed

Answer & Explanation Answer: A) Wrinkled seed

Explanation:

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Filed Under: Biology
Exam Prep: AIEEE , 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.

An ideal policeman is a myth. You come __________ him only in crime fiction. ____________ elusive is 'good policing', an idea ___________ even the best of criminal justice thinkers have found it difficult to define. This is why, in what is a chaotic world, we have to reluctantly _____________ for an imperfect policeman and ________ inadequate system.

an idea ___________ even the best of criminal justice thinkers have found

A) that	B) which
C) whom	D) who

Answer & Explanation Answer: A) that

Explanation:

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one, which best expresses the same sentence in Passive/Active voice.
The seawater eventually corroded the pillars of the bridge.

A) Eventually the pillars of the bridge are being corroded by the seawater.	B) Eventually the pillars of the bridge have been corroded by the seawater.
C) The pillars of the bridge were eventually corroded by the seawater.	D) The pillars of the bridge have been eventually corroded by the seawater.

Answer & Explanation Answer: C) The pillars of the bridge were eventually corroded by the seawater.

Explanation:

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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.

The wheels have come off

A) To use something so much that it wears out.	B) Things start to fail or go wrong, especially after a period of success.
C) To do a shoddy job which is destined to fail.	D) Make an excuse to avoid doing a task.

Answer & Explanation Answer: B) Things start to fail or go wrong, especially after a period of success.

Explanation:

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Q:

In the following question, a sentence has been given in Direct/Indirect speech . Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

"What did you eat last night?" asked my mother.

A) My mother said to me what did I eat last night.	B) My mother asked me what I had eaten the previous night.
C) My mother said what did you eat last night.	D) My mother questioned me what I ate last night.

Answer & Explanation Answer: B) My mother asked me what I had eaten the previous night.

Explanation:

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Q:

In the following question, a sentence has been given in Direct/Indirect speech . Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

He told me, "Your train will leave if you do not go at once."

A) He told me that his train will leave if he did not go at once.	B) He told me that my train will leave if I do not go at that moment.
C) He told me that his train would leave if he did not go that moment.	D) He told me that my train would leave if I did not go that moment.

Answer & Explanation Answer: D) He told me that my train would leave if I did not go that moment.

Explanation:

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Filed Under: English
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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

P: We can not only see the beauty of nature in the form of floral and faunal diversity, but can also experience peace in the sylvan surroundings.
Q: A dense collection of trees, plants and other vegetation makes up a forest.
R: Forests are home to a great variety of wildlife such as animals, birds, reptiles and insects.
S: Forests are beautiful natural settings where we can go and experience nature in its splendid expression.

A) QRSP	B) PQRS
C) QSRP	D) SRPQ

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