Questions

Q:

Which of the following rivers does not make an estuary?

A) Narmada B) Tapi
C) Mandovi D) Mahanadi
 
Answer & Explanation Answer: D) Mahanadi

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Filed Under: World Geography

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Q:

In the following question, out of the four alternatives, select the word opposite in meaning to the word given.

Guzzle

A) Carouse B) Starve
C) Imbibe D) Quaff
 
Answer & Explanation Answer: B) Starve

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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 is the best substitute of the words/sentence.

The use of irony to mock or convey contempt

A) Sanction B) Flatter
C) Compliment D) Sarcasm
 
Answer & Explanation Answer: D) Sarcasm

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Filed Under: English
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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.

Quiescent

A) Dull B) Questionable
C) Bright D) Alive
 
Answer & Explanation Answer: A) Dull

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Filed Under: English
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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Boast

A) Avoid B) Change
C) Rely D) Pride
 
Answer & Explanation Answer: D) Pride

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Filed Under: English
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Q:

Select the word with the correct spelling.

A) humanoid B) spiling
C) amigrate D) referrent
 
Answer & Explanation Answer: A) humanoid

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Filed Under: English
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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.

Inference

A) Beginning B) Conclusion
C) Preparation D) Discovery
 
Answer & Explanation Answer: B) Conclusion

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Filed Under: English
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Q:

Which one of the following hypotheses postulates that individual's consumption in any time period depends upon resources available to the individual, rate of return on his capital and age of the individual?

A) Absolute Income Hypothesis B) Relative Income Hypothesis
C) Life Cycle Hypothesis D) Permanent Income Hypothesis
 
Answer & Explanation Answer: C) Life Cycle Hypothesis

Explanation:

The life-cycle theory of consumption, popularly known as life-cycle hypothesis,' was developed by Ando and Modigliani" in the early 1960s.

The life-cycle hypothesis postulates that individual consumption in any time period depends on

(i) resources available to the individual,

(ii) the rate of return on his capital, and

(iii) the age of the individual.

The resources available to an individual consist of his existing net wealth and the present value of all his current and future labour incomes. According to the life-cycle hypothesis, a rational consumer plans consumption on the basis of all his resources and allocates his income to consumption over time so that he maximizes his total utility over his life time.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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