Questions

Q:

A ceramic pottery unit hires 8 craftsmen by paying each of them Rs 900 per day. The 9th craftsman demands Rs 950 per day. If this craftsman is hired then all other craftsmen must be paid Rs 950. The marginal resource (labour) cost of the 9th craftsman is _________.

A) Rs 1530 B) Rs 1050
C) Rs 50 D) Rs 1350
 
Answer & Explanation Answer: D) Rs 1350

Explanation:
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Filed Under: Indian Economy
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Q:

Long run growth in GDP is determined by

A) Capital stocks B) Labour force
C) Both 1 & 2 D) None
 
Answer & Explanation Answer: C) Both 1 & 2

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Filed Under: Indian Economy
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Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist. B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole. D) The life insurance industry has been destroyed by high and uncertain inflation as well.
 
Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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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 an error in it. The error, if any, will be in one part of the sentence. If there is no error, the answer will be “No Error”.

A) Just as a letter’s physical presence, then, B) resists the rationalisations of the public
C) sphere, its temporal idiosyncrasies resisted the D) efficiencies of capitalist production.
 
Answer & Explanation Answer: C) sphere, its temporal idiosyncrasies resisted the

Explanation:

In 3 part, use of ‘resisted' is incorrect. ‘Resists’ should replace ‘resisted’. The given sentence is in present tense. So, present form of verb will be used.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

_______________ the course of the development of different life-forms heredity—which, in plain English, is unconscious memory generated in the first life-form and ______________ through all the different species—is the sole factor in the ____________ of the parent properties; while adaptation to surrounding conditions and circumstances, natural selection in the struggle _____________ existence, and partner selection in the struggle of the males for ____________ are the principal factors in the differentiation of species.

 

the struggle of the males for ____________ are the principal factors

 

A) females B) feminity
C) feminine D) woman
 
Answer & Explanation Answer: A) females

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Filed Under: English
Exam Prep: Bank Exams

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Q:

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

 

Predicament

 

A) Trouble   B) Hardship  
C) Condition   D) Solution
 
Answer & Explanation Answer: D) Solution

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

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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.

 

Levity

 

A) Gravity B) Funniness
C)  Beloved D) Baleful
 
Answer & Explanation Answer: B) Funniness

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Filed Under: English
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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.

 

Chink in one's armour

 

A) A spotless shield tells that the person has not yet fought any war B) A small crack if not repaired will break the shield
C) An area of vulnerability D) One's primary defence system against loss or injury
 
Answer & Explanation Answer: C) An area of vulnerability

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Filed Under: English
Exam Prep: Bank Exams

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