Q:

The Indira Point, the southern point of India, is situated in the ___ tip of Great Nicobar Island.

A) eastern	B) western
C) northern	D) southern

Answer & Explanation Answer: D) southern

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

National Income refers to ___________

A) money value of goods and services produced in a country during a year	B) money value of stocks and shares of a country during a year
C) money value of capital goods produced by a country during a year	D) money value of consumer goods and services produced in a country during a year

Answer & Explanation Answer: A) money value of goods and services produced in a country during a year

Explanation:

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Filed Under: Indian Economy

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Q:

Stagflation is a period of _______.

A) Persistent high inflation combined with high unemployment	B) Persistent high inflation combined with low unemployment
C) Persistent low inflation combined with high unemployment	D) Persistent low inflation combined with low unemployment

Answer & Explanation Answer: A) Persistent high inflation combined with high unemployment

Explanation:

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Filed Under: Indian Economy
Exam Prep: CAT

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Q:

The marginal propensity to consume lies between ____________.

A) 0 to Infinity	B) 0 to 1
C) 1 to Infinity	D) 0 to 10

Answer & Explanation Answer: B) 0 to 1

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select ‘No Error’.

The aroma of the invigorate morning cup of tea comes (1)/ wafting up the stairway and soon I am (2)/ sipping it slowly and reverentially without rushing. (3)/ No error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

Explanation:

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Filed Under: English
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.
She said to me, "Will you be coming to the party, tomorrow?"

A) She asked me if I would be going to the party the day after tomorrow.	B) She asked me if I will be going to the party the following day.
C) She asked me if I will be going to the party the day after tomorrow.	D) She asked me if I would be going to the party the following day.

Answer & Explanation Answer: D) She asked me if I would be going to the party the following day.

Explanation:

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Filed Under: English

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Q:

According to the law of diminishing marginal utility, as the amount of a good consumed increases, the marginal utility of that good tends to

A) improve	B) diminish
C) remain constant	D) first diminish and then improve

Answer & Explanation Answer: B) diminish

Explanation:

Economists use the concept of marginal utility to measure happiness and pleasure and how that affects consumer decision making. They have also identified the law of diminishing marginal utility, which means that the first unit of consumption of a good or service has more utility than the next units of consumption.Hence, the marginal utility of the good diminishes as the amount of good consumed increases.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The chemical formula of Propane is

A) C3H8	B) C4H10
C) C2H6	D) CH4

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