Questions

Q:

In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

 


Statement I:  All bins are baskets

Statement II:  No buckets are bins


Conclusion I:  All baskets are buckets


Conclusion II:  All buckets are baskets

 

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusions I and II follow D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: D) Neither conclusion I nor conclusion II follows

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Q:

In the following question, from the given alternative words, select the word which cannot be formed using the letters of the given word.
Improvement

A) Rope B) Trim
C) Important D) Prove
 
Answer & Explanation Answer: C) Important

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

The report (has already been) given to the Board.

 

A) have already been B) have already being
C) has already being D) no improvement
 
Answer & Explanation Answer: D) no improvement

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

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Reminisce

 

 

A) Remember   B) Discover  
C) Forget   D) Hang
 
Answer & Explanation Answer: A) Remember  

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

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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

 

A) Guarantiei   B) Guarantee
C) Gaurantee   D) Garantee
 
Answer & Explanation Answer: B) Guarantee

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Filed Under: English
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 thefour alternatives.


One who has witnessed a debate ______ argument between two men _____________ strong intellectually, one of whom is a trained logician and the other lacking this advantage, will never forget the impression produced _________ him by the unequal struggle. The conflict is like that of a ____________ wrestler, untrained in the little tricks and turns of the science, in the various principles of applying force in a certain way at a certain time, at a certain place, with a __________ and experienced wrestler.


like that of a ____________ wrestler, untrained

 

A) powerful B) power
C) powerfully D) powering
 
Answer & Explanation Answer: A) powerful

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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:

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

A) Price B) Substitution
C) Supply D) Demand
 
Answer & Explanation Answer: D) Demand

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

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