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:

Stagflation is a period of _______.

A) Persistent high inflation combined with high unemployment	B) Persistent high inflation combined with low unemployment
C) Persistent low inflation combined with high unemployment	D) Persistent low inflation combined with low unemployment

Answer & Explanation Answer: A) Persistent high inflation combined with high unemployment

Explanation:

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Filed Under: Indian Economy
Exam Prep: CAT

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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:

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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) Her parents	B) has not permitted her
C) to marry Sunil.	D) No error

Answer & Explanation Answer: B) has not permitted her

Explanation:

Error is in second part. Replace ‘has’ with ‘have’. Since ‘parents’ is in plural form it will be followed by the plural form of has, i.e. ‘have’.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.
“I‘m going to the gym now,” said Param.

A) Param said that he is going to the gym then.	B) Param said that he has gone to the gym then.
C) Param said that he had gone to the gym then.	D) Param said that he was going to the gym then.

Answer & Explanation Answer: D) Param said that he was going to the gym then.

Explanation:

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Q:

What is the technology used in a compact disc?

A) Electrical	B) Laser
C) Electro magnetic	D) Aeronautical

Answer & Explanation Answer: B) Laser

Explanation:

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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

Which one of the following is n ot an objective of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)?

A) To achieve convergence ofinvestment in irrigation at the fieldlevel	B) To expand cultivable area underirrigation
C) To improve on-farm water use efficiency to reduce wastage of water	D) To protect farmers against crop failure due to natural calamities

Answer & Explanation Answer: D) To protect farmers against crop failure due to natural calamities

Explanation:

The major objective of the PMKSY is to achieve

•convergence of investments in irrigation at the field level,

•expand cultivable area under assured irrigation (Har Khet ko pani),

•improve on-farm water use efficiency to reduce wastage of water,

•enhance the adoption of precision-irrigation and other water saving technologies (More crop per drop),

•enhance recharge of aquifers and introduce sustainable water conservation practices by exploring the feasibility of reusing treated municipal based water for peri-urban agriculture and attract greater private investment in precision irrigation system.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

A drainage pattern where a river is joined by its tributaries approximately at right angles is ____________

A) Dendritic	B) Trellis
C) Rectangular	D) Radial

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