Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

A) (a) Pure competition, (b) Pure Monopoly	B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Oligopoly	D) (a) Monopolistic competition, (b) Oligopoly

Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Oligopoly

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Lorenz curve shows

A) Inflation	B) Unemployment
C) Income distribution	D) Poverty

Answer & Explanation Answer: C) Income distribution

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, a passage is given which describes a situation. From the given options, mark the correct inference that can be drawn from the passage. If none of the inferences follow, mark option 5, “None of these” as the answer.
The philosophy of pragmatism goes something like this. The mind is such that it deals only with ideas. It is not possible for the mind to relate to anything other than ideas. Therefore, it is not correct to think that the mind actually can ponder reality. All that the mind can ponder is its ideas about reality. (Whether or not that is the way reality actually is, is a metaphysical
issue). Therefore, whether or not something is true is not a matter of how closely it corresponds to the absolute truth, but of how consistent it is with our experience.

A) Our experiences define our concept of reality.	B) Reality is a metaphysical issue.
C) Pragmatism and reality are two sides of the same coin.	D) Our experiences enable us to determine the truth.

Answer & Explanation Answer: A) Our experiences define our concept of reality.

Explanation:

The passage states that reality is not an absolute truth, but a result of our consistent experiences. This makes option a is a correct inference made from the passage. Option 2 is a direct statement already made in the given passage. Option 3 cannot be inferred from the passage as ‘pragmatism’ is considered as a philosophy while ‘reality’ is considered as an amalgamation of our experiences. According to the given passage our experiences enables us to determine what is the reality which may or may not be the truth. This makes option 4 incorrect.

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Filed Under: English
Exam Prep: TOEFL , GRE , CAT

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.
Only when _____ failed, the army resorted to force.

A) efforts	B) arrests
C) persuasions	D) manipulations

Answer & Explanation Answer: C) persuasions

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) Central electricity Regulatory Commission (CERC) allowed Energy savings certificates to be traded on power exchange platform	B) The pricing of the certificate would be as per the energy conservation rules.
C) These cover 65% of the electricity consumed by industries.	D) The rules prescribe that on the certificate shall be equal to the energy consumed in terms of one metric tonne of oil equivalent.

Answer & Explanation Answer: C) These cover 65% of the electricity consumed by industries.

Explanation:

All the statements except ‘C’ are about the Energy saving certificates. BEE in 2013 launched tradable certificates for industries which achieved energy efficiency standards. Only statement C is very general. It is more about electricity.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following is a Non-Luminous body?

A) Glowing bulb	B) Moon
C) Burning candle	D) Firefly

Answer & Explanation Answer: B) Moon

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which of the following statements regarding Article 21 of the Constitution of India is/are correct?

1.Article 21 is violated when the under-trial prisoners are detained under judicial custody for an indefinite period.

2.Right to life is one of the basic human rights and not even the State has the authority to violate that right.

3.Under Article 21, the right of a woman to make reproductive choices is not a dimension of personal liberty.

Select the correct answer using the code given below.

A) 1, 2 and 3	B) 1 and 2 only
C) 1 and 3 only	D) 2 only

Answer & Explanation Answer: B) 1 and 2 only

Explanation:

All are correct except 3, as women always have the right to make reproductive choices.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which Fundamental Right in the Indian Constitution prohibits trafficking, forced labour, and children working under 14 years of age?

A) Right to Equality	B) Right to Freedom
C) Right against Exploitation	D) Right to Freedom of Religion

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