Q:

In terms of economics, if it is possible to make someone betteroff without making someone worseoff, then the situation is

A) Inefficient	B) Efficient
C) Optimal	D) Paretosuperior

Answer & Explanation Answer: D) Paretosuperior

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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:

Goods whose demand is proportional to price are called

A) inferior goods	B) Veblen goods
C) normal goods	D) exclusive goods

Answer & Explanation Answer: B) Veblen goods

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, select the odd word pair from the given alternatives.

A) Crop – Rice	B) Crop – Rubber
C) Crop – Wheat	D) Crop – Bajra

Answer & Explanation Answer: B) Crop – Rubber

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Who among the following is not a Bharat Ratna recipient?

A) Bhimsen Joshi	B) A.R. Rahman
C) Lata Mangeshkar	D) M.S. Subbalakshmi

Answer & Explanation Answer: B) A.R. Rahman

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

If $y = 2 s e c θ a n d x = 3 \tan θ t h e n \frac{x^{2}}{9} - \frac{y^{2}}{4}$ is

A) 0	B) -1
C) 2	D) 1

Answer & Explanation Answer: B) -1

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

If

\cos^{2} θ - sinθ = 1 / 4

, then what is the value of sin θ?

A) -1	B) 1/2
C) 1	D) 3/2

Answer & Explanation Answer: B) 1/2

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

cos(A+B) + cos(A-B) is equal to

A) 2cosAcosB	B) 2sinAsinB
C) 2sinAcosB	D) 2cosAsinB

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