Questions

Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Being a rainy day B) we did not feel like going out or doing anything
C) except playing chess in our room. D) No error
 
Answer & Explanation Answer: A) Being a rainy day

Explanation:

The error is in first part. If we start the sentence with being, it means that we were rainy which is incorrect. The sentence indicates that the day was Rainy, and the day will be denoted by ‘It’. So ‘It being a rainy day’ will be the correct idiomatic expression. Otherwise the meaning of the sentence changes.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: B) Law of variable proportions

Explanation:
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Filed Under: Indian Economy
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Q:

The consumption schedule relates:

A) disposable income to domestic income. B) consumption to the level of disposable income.
C) consumption to saving. D) saving to the level of disposable income.
 
Answer & Explanation Answer: B) consumption to the level of disposable income.

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

Which of the following is added to iron to make iron hard and strong?

A) Zinc B) Copper
C) Carbon D) Sodium
 
Answer & Explanation Answer: C) Carbon

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

What is C12H22O11 also known as

A) Sand B) Sugar
C) Salt D) Clay
 
Answer & Explanation Answer: B) Sugar

Explanation:
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Filed Under: Chemistry
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Q:

The demand curve facing a perfectly competitive firm is

A) downward sloping B) perfectly inelastic
C) a concave curve D) perfectly elastic
 
Answer & Explanation Answer: D) perfectly elastic

Explanation:
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Q:

The unemployment created at certain times of the year, when the demand for goods and services are lower than normal, is _____.

A) Cyclical unemployment B) Frictional unemployment
C) Seasonal unemployment D) Structural unemployment
 
Answer & Explanation Answer: C) Seasonal unemployment

Explanation:
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Q:

A manufacturer faces price elasticity of demand of a ­1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.

A) 5.15 percent B) 7.65 percent
C) 8 percent D) 5.12 percent
 
Answer & Explanation Answer: C) 8 percent

Explanation:
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