Questions

Q:

Consider the following statements about indifference curves:

1. Indifference curves are convex to the origin.

2. Higher indifference curve represents higher level of satisfaction.

3. Two indifference curves cut each other.Which of the statements given above is/are correct?

A) 1 only B) 1 and 2
C) 2 and 3 D) 3 only
 
Answer & Explanation Answer: B) 1 and 2

Explanation:

The indifference curves cannot intersect each other.

Higher indifference curve represents a higher level of satisfaction because higher IC means a bundle consisting more of both the goods or same quantity of one good n more quantity of the other good .Hence statement 2 is correct and 3 is incorrect.

Indifference curves is convex to the point of origin because of diminishing Marginal Rate of Substitution.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 16446
Q:

Which of the following has largest atomic radius?

 

A) Li B) Be
C) B D) O
 
Answer & Explanation Answer: A) Li

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

0 16443
Q:

Improve the bracketed part of the sentence.

This palace (has been belonging) to our family since generations.

A) has belonging B) has belonged
C) belonged D) no improvement
 
Answer & Explanation Answer: B) has belonged

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 16438
Q:

Select the antonym of

facade

A) frontage B) semblance
C) veneer D) reality
 
Answer & Explanation Answer: D) reality

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 16433
Q:

Select the synonym of

incursion

A) hurt B) retreat
C) aggression D) cut
 
Answer & Explanation Answer: C) aggression

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

5 16425
Q:

The prices at which the government purchases food grains for maintaining the Public Distribution system (PDS) and for building up buffer - stock is known as :

A) minimum support prices B) procurement prices
C) issue prices D) ceiling prices
 
Answer & Explanation Answer: B) procurement prices

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy

26 16410
Q:

Read each sentence to find out whether there is any error in any part

One of the assistant(a) was(b) Alfred(c). No error.(d)

A) a B) b
C) c D) d
 
Answer & Explanation Answer: A) a

Explanation:

‘One of the assistant’ needs to be replaced with ‘one of the assistants’ to make the sentence grammatically and contextually correct. This is because, ‘One of’ is always followed by a plural noun.

Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 16407
Q:

Rearrange the parts of the sentence in correct order.

 

P: In the least-developed countries, if agricultural productivity were drastically reduced by climate change, the cost of living would rise by one or two percent, and at a time when per capita income will likely have doubled.
Q: It may still be vulnerable to climate change for many years to come.
R: In developing countries, in contrast, as much as a third of GNP and half the population currently depends on agriculture.
S: Agriculture is practically the only sector of the economy affected by climate.

A) PQRS B) RQPS
C) RPSQ D) none
 
Answer & Explanation Answer: D) none

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 16392