Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If asentence is free from error, select 'No Error'.

Internet Service Providers (ISPs) should provide us (1)/ with open networks and should not block or discriminate for (2)/ any application or content that rides overthose networks. (3)/ No error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: B) 2

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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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
Exam Prep: Bank Exams

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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

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

Answer & Explanation Answer: A) Law of diminishing marginal product

Explanation:

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Filed Under: Indian Economy
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Q:

As per RBI In October 2017, Gross Non-Performing Assets (GNPA) ratio for NBFCs increased to what percentage till March 2017?

A) 2	B) 5
C) 10	D) 20

Answer & Explanation Answer: B) 5

Explanation:

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Filed Under: Indian Economy
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Q:

Mecca Masjid, Hyderabad was completed by

A) Muhammad Quli Qutb Shah	B) Jahangir
C) Qutb Shahi	D) Aurangazeb

Answer & Explanation Answer: D) Aurangazeb

Explanation:

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Filed Under: Indian History
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Q:

The Arjuna Awards given by the Government of India is for public achievement in which of the following fields?

A) Literature	B) Poverty Eradication
C) Sports	D) Economics

Answer & Explanation Answer: C) Sports

Explanation:

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Filed Under: Sports
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Q:

Which one is not a football stadium in India?

A) Bakshi Stadium, Srinagar	B) Baichung Stadium, Sikkim
C) Salt Lake Stadium, Kolkata	D) Sardar Patel Stadium, Ahmedabad

Answer & Explanation Answer: D) Sardar Patel Stadium, Ahmedabad

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Find the odd words / letters / numbers from the given alternatives .

A) 6	B) 24
C) 64	D) 120

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