Questions

Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers B) Income of consumers remains constant
C) Consumers are affected by demonstration effect D) There are no changes in the price of substitute goods.
 
Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 632
Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 

1. I can't stand here and promise that your future path is going to be wonderful.
P. Whatever one feels like doing today is set up as moral.
Q. People don't even pretend to care about what is right.
R. Instead, it might be very difficult, because our time is different than some other eras in human history.
S. If you look around, you can see that, little by little, it is a path leading to our destruction.
6. I am afraid that this legacy of freedom is facing an uncertain future.

 

A) PSRQ B) RQPS
C) QSRP D) PQRS
 
Answer & Explanation Answer: B) RQPS

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 632
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.

National integration means _____ all the people of the nation into a single whole. It is a _____ that bends together all people in one _____ bond no matter what their religion, caste, language or history may be. It is a _____ cementing force whereby all kinds of people live _____ peacefully and can identify themselves as a part and parcel of a nation.

National integration means _____ all the people of the nation into a single whole.

A) segregating B) combining
C) residing D) complying
 
Answer & Explanation Answer: B) combining

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 632
Q:

A rectangle with one side 4 cm is inscribed in a circle of radius 2.5 cm. The area of the rectangle in sq.cm is:

A) 8 B) 16
C) 12 D) 6
 
Answer & Explanation Answer: C) 12

Explanation:
Report Error

View Answer Report Error Discuss

0 632
Q:

Which among the following is not an environment friendly mode of producing electricity?

A) Thermal Power B) Solar Power
C) Wind Energy D) Bio-waste
 
Answer & Explanation Answer: A) Thermal Power

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

1 632
Q:

In which of the following mentioned activities is the potential energy (P.E) converted into kinetic energy(K.E)?

A) The explosion of a fire cracker B) The switching on of a torch
C) The switching off of a torch D) The swinging of a pendulum
 
Answer & Explanation Answer: D) The swinging of a pendulum

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

0 632
Q:

The Brownian Motion was discovered by

A) Robert Brown B) Mandel Brown
C) Isaac Newton D) John Brown
 
Answer & Explanation Answer: A) Robert Brown

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

2 631
Q:

Anti-defection law was passed in which Constitutional Amendment Act?

A) 41st Constitutional Amendment Act B) 46th Constitutional Amendment Act
C) 48th Constitutional Amendment Act D) 52th Constitutional Amendment Act
 
Answer & Explanation Answer: D) 52th Constitutional Amendment Act

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 631