Questions

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:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 771
Q:

What was the debt-to-GDP ratio for the Financial Year 2016-17?

A) 60.40% B) 49.40%
C) 50.40% D) 55.40%
 
Answer & Explanation Answer: B) 49.40%

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 771
Q:

The __________ exchange rate is the relative price of foreign goods in terms of domestic goods.

A) Artificial B) Nominal
C) Fixed D) Real
 
Answer & Explanation Answer: D) Real

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 771
Q:

The marginal propensity to consume lies between ____________.

A) 0 to Infinity B) 0 to 1
C) 1 to Infinity D) 0 to 10
 
Answer & Explanation Answer: B) 0 to 1

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 771
Q:

Saving is that portion of money income that is .....

A) spent for development of Industries B) not spent on consumption
C) spent on health and education D) spent for consumer durables
 
Answer & Explanation Answer: B) not spent on consumption

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 770
Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 770
Q:

In the given question, a part of the sentence is printed in bold. Below the sentence three alternatives to the bold part are given which may help improve the sentence. Choose the option that reflects the correct use of the phrase in the context of the sentence. In case the given sentence is correct, your answer is (E) i.e. No correction required.

Historians believe that much of Jesus’ story can be reconstructed, without the help of Bible, and with just the views of historians who lived during his time.

I. without the help of Bible, and by just the views

II. without the help from Bible, and with just the views

III. without the help of the Bible, and with just the views

A) Only I B) Only II
C) Only III D) Both I and III
 
Answer & Explanation Answer: C) Only III

Explanation:
The proper noun “bible”, requires the definite article 'the' before it. Whenever a classic or a holy book is being referred to, the article “the” must be used.
Report Error

View Answer Report Error Discuss

Filed Under: English

0 770
Q:

Safety matches contain

A) Sulphur B) Phosphorus
C) Magnesium D) Potassium
 
Answer & Explanation Answer: B) Phosphorus

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

2 770