Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand	B) Substitution effect
C) Problem of choice	D) Optimal choice

Answer & Explanation Answer: B) Substitution effect

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Stagflation is defined as

A) low inflation, low growth, low unemployment	B) high inflation, low growth, high unemployment
C) high inflation, high growth, high unemployment	D) low inflation, high growth, low unemployment

Answer & Explanation Answer: B) high inflation, low growth, high unemployment

Explanation:

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Filed Under: Indian Economy
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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) One of the most interesting feature of travel in Himachal Pradesh is	B) is the large number of travellers’ lodges
C) provided by the State Government.	D) No error

Answer & Explanation Answer: A) One of the most interesting feature of travel in Himachal Pradesh is

Explanation:

The error is in first part. ‘One of the’ should always be followed by a plural noun, expressing that the speaker chooses one from many. Hence ‘features of travel’ is the correct expression, indicating that there are many interesting features about Himachal Pradesh but the most interesting one among them is the provision of large number of travelers’ lodges.

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Filed Under: English
Exam Prep: Bank Exams

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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.

fuddy-duddy

A) An ill mannered person that one accepts willingly because he/she is a very dear friend	B) a person who is very old-fashioned and pompous
C) a shoddy work	D) a very confusing situation

Answer & Explanation Answer: B) a person who is very old-fashioned and pompous

Explanation:

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Filed Under: English

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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) Every student	B) should be asked to give
C) their ideas on the subject.	D) No error

Answer & Explanation Answer: C) their ideas on the subject.

Explanation:

Error is in third part. Every, each, either, neither are adjectives that are always followed by a singular pronoun. Every being singular takes singular subject. Therefore ‘their ideas’ should be replaced with’ his/her idea’.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. If the sentence is correct as it is mark 'no error' as the answer.Jaitely announced a waivered of the service charge (a)/ on e-tickets and spoke about a number of steps (b)/ to improve passenger amenities (c)/ such as a ‘coach mitra’ facility. (d)/ No error (e).

A) Jaitely announced a waivered of the service charge	B) on e-tickets and spoke about a number of steps
C) to improve passenger amenities	D) such as a ‘coach mitra’ facility

Answer & Explanation Answer: A) Jaitely announced a waivered of the service charge

Explanation:

'waiver' should be used to make the sentence correct.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

What is the SI unit of Charge?

A) Coulomb	B) Amperes
C) Watts	D) Joules

Answer & Explanation Answer: A) Coulomb

Explanation:

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Filed Under: Physics
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Q:

The rate of change of velocity is called

A) Momentum	B) Speed
C) Acceleration	D) Force

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