Questions

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:

The determinants of aggregate supply -

A) Capital stock B) Wages
C) Technology D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

Which curve shows the inverse relationship between unemployment and inflation rates

A) Supply curve B) Indifference curve
C) IS curve D) Phillips curve
 
Answer & Explanation Answer: D) Phillips curve

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Q:

The 14th Finance Commission has recommended increase in States share in net proceeds from tax collection from 32% to

A) 35% B) 40%
C) 42% D) 45%
 
Answer & Explanation Answer: C) 42%

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Q:

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

A) Beneficial B) Dangerous
C) Innocuous D) Advantageous
 
Answer & Explanation Answer: B) Dangerous

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Filed Under: English
Exam Prep: Bank Exams

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Q:

RBCs are formed in the ____________ in the adults.

A) blue bone marrow B) red bone marrow
C) white bone marrow D) black bone marrow
 
Answer & Explanation Answer: B) red bone marrow

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the given question, a statement divided into different segments is given. The first segment is fixed, rearrange the other segments to form a coherent statement.

As the files were being arranged/ been lost for several decades now (P)/ which were believed to have (Q)/ into a stack, the butler cam (R)/ across information about several of the family heirlooms (S)

A) RSQP B) PQRS
C) SRQP D) QSRP
 
Answer & Explanation Answer: A) RSQP

Explanation:

The most logical segment that can follow the first segment is R, 'being arranged into a stack'. This leaves us with only one option i.e. option 1. Hence, the correct answer is RSQP.

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Filed Under: English

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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.

 

Several countries ___________________ the world are now replacing the __________________ model of criminal justice partly _____________________ wholly with different models of restorative justice, _____________________ promising results in crime control. The process is more collaborative, consensual and inclusive, that is characteristic ____________________ indigenous systems of justice.

 

model of criminal justice partly _____________________

 

A) or B) nor
C) and D) but
 
Answer & Explanation Answer: A) or

Explanation:
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