Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) The peon	B) has not sweeped
C) the floor today.	D) No error

Answer & Explanation Answer: D) No error

Explanation:

The given sentence is grammatically correct and there is no error.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following characters is recessive in a pea plant?

A) Wrinkled seed	B) Green pod
C) Round pod	D) Round seed

Answer & Explanation Answer: A) Wrinkled seed

Explanation:

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

Acid rain is caused by release of ___ and___ into the air.

A) Carbon dioxide and Carbon monoxide	B) Sulphur dioxide and nitrogen oxides
C) Oxygen and Water vapour	D) Nitrous oxide and Ozone

Answer & Explanation Answer: B) Sulphur dioxide and nitrogen oxides

Explanation:

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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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.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______.

A) Zero percent	B) One percent
C) 0.5 percent	D) More than one percent

Answer & Explanation Answer: B) One percent

Explanation:

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Filed Under: Indian Economy
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Q:

A ceramic pottery unit hires 8 craftsmen by paying each of them Rs 900 per day. The 9th craftsman demands Rs 950 per day. If this craftsman is hired then all other craftsmen must be paid Rs 950. The marginal resource (labour) cost of the 9th craftsman is _________.

A) Rs 1530	B) Rs 1050
C) Rs 50	D) Rs 1350

Answer & Explanation Answer: D) Rs 1350

Explanation:

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Filed Under: Indian Economy
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Q:

If for the year a country's GDP was $ 1315 million, consumer spending was $900 million, investment by businesses was $180 million, exports were $85 million and imports were $100 million, calculate government spending?

A) $220 million	B) $250 million
C) $580 million	D) $610 million

Answer & Explanation Answer: B) $250 million

Explanation:

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Filed Under: Indian Economy
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Q:

In which year, was the Noble Peace Prize jointly given to Kailash Satyarthi and Malala Yousafzai?

A) 2012	B) 2013
C) 2014	D) 2015

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