Questions

Q:

Choose the odd word/letters/number/number pair from the given alternatives.

A) Jawaharlal Nehru B) Manmohan Singh
C) Lal Bahadur Shastri D) Rajendra Prasad
 
Answer & Explanation Answer: D) Rajendra Prasad

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Q:

______ won the 2016 Formula One Rolex Australian Grand Prix.

A) Michael Phelps B) Lewis Hamilton
C) Novak Djokovic D) Nico Rosberg
 
Answer & Explanation Answer: D) Nico Rosberg

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Filed Under: Sports
Exam Prep: Bank Exams

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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.
“I‘m going to the gym now,” said Param.

A) Param said that he is going to the gym then. B) Param said that he has gone to the gym then.
C) Param said that he had gone to the gym then. D) Param said that he was going to the gym then.
 
Answer & Explanation Answer: D) Param said that he was going to the gym then.

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Filed Under: English

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Q:

___ is the transition of a substance directly from the solid to the gas phase without passing through the intermediate liquid phase.

 

 

A) Sublimation B) Evaporation
C) Condensation D) Liquidation
 
Answer & Explanation Answer: A) Sublimation

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following states has NOT met the boundary with Mizoram?

A) Nagaland B) Myanmar
C) Assam D) Tripura
 
Answer & Explanation Answer: A) Nagaland

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

"The General Equilibrium Analysis" was developed by

A) Marshall B) Ricardo
C) Walras D) Adam Smith
 
Answer & Explanation Answer: C) Walras

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers.

 

Price-fixing is a phenomenon that is normal in -

A) agricultural societies B) industrialized societies
C) pre-industrial societies D) globalised societies
 
Answer & Explanation Answer: B) industrialized societies

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

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