Questions

Q:

Who is the custodian of indian constitution?

A) Supreme Court B) Cabinet Ministers
C) President D) Parliament
 
Answer & Explanation Answer: A) Supreme Court

Explanation:

The president is the nominal custodian of the Indian constitution but the ideal custodian is the supreme court of India.

Who_is_the_custodian_of_indian_constitution1557491256.jpg image

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Filed Under: Indian Politics
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

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Q:

Consider the following statements about impact of tax :

1. A tax is shifted forward to consumers if the demand is inelastic relative to supply.

2. A tax is shifted backward to producers if the supply is relatively more inelastic than demand.

Which of the statements given above is/are correct?

 

A) 1 only B) 2 only
C) Both 1 and 2 D) Neither 1 nor 2
 
Answer & Explanation Answer: C) Both 1 and 2

Explanation:

Only if either demand or supply was either completely elastic or inelastic will the tax burden fall entirely on either the buyer or the seller. Between these 2 extremes, tax incidence varies continuously from a perfectly inelastic supply or perfectly elastic demand, where the sellers assumes the entire burden of the tax to the perfectly elastic supply or perfectly inelastic demand where the buyers bear the entire burden. To better see how the elasticity of supply and demand affects tax incidence, consider a 20% tax on a can of soda. Suppose the government decides that the buyer should pay the 20% tax. Does this mean that the buyers will be paying 20% more, or will sellers have to share some of the tax burden? Since higher prices decrease demand, regardless of the reason for the higher prices, sellers will share some of the burden. How much of the burden will be determined by the elasticity of supply and demand for the product?

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A rich man needs seven letter word which is with the poor?

Answer

A rich man needs a seven letters word NOTHING which with poor.

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Subject: Word Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO

76 16171
Q:

Improve the bracketed part of the sentence.

 

The response to that challenge is to make the gains of globalization more visible and its transient downsides,(politically less paining).

A) politically less pained B) politically less painful
C) politically less pain D) No improvement
 
Answer & Explanation Answer: B) politically less painful

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Improve the bracketed part of the sentence.

 

Election was an ‘opinion minus democracy’ in which the innocent and helpless (people were pitted among) government’s muscle power State machinery.

 

A) people were pitted against B) people are pitted against
C) people would pitted against D) No improvement
 
Answer & Explanation Answer: A) people were pitted against

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Chilling is most commonly practiced by

Answer

Chilling is most commonly practiced by Food Handlers like restaurents, hotels,...


 


 Chilling_is_most_commonly_practiced_by1556260019.jpg image







    • Chilling or Cooling is nothing but preserving the food in a cool storage like refrigerators.



 

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Subject: General Science Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Analyst

41 16142
Q:

Availability Management is responsible for

A) Components and Business Processes B) Services and Components
C) Services, Components and Business Processes D) Services and Business Processes
 
Answer & Explanation Answer: B) Services and Components

Explanation:

Availability Management is the practice of identifying levels of IT Service availability for use in Service Level Reviews with Customers.

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Q:

Improve the bracketed part of the sentence.

Woodrow Wilson was referring to the liberal idea of the economic market when he said that the free enterprise system is the (much) efficient economic system.

A) most B) many
C) mere D) No improvement
 
Answer & Explanation Answer: A) most

Explanation:
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Filed Under: English

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