Questions

Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: B) Law of variable proportions

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The consumption schedule relates:

A) disposable income to domestic income. B) consumption to the level of disposable income.
C) consumption to saving. D) saving to the level of disposable income.
 
Answer & Explanation Answer: B) consumption to the level of disposable income.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

A manufacturer faces price elasticity of demand of a ­1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.

A) 5.15 percent B) 7.65 percent
C) 8 percent D) 5.12 percent
 
Answer & Explanation Answer: C) 8 percent

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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) Being a rainy day B) we did not feel like going out or doing anything
C) except playing chess in our room. D) No error
 
Answer & Explanation Answer: A) Being a rainy day

Explanation:

The error is in first part. If we start the sentence with being, it means that we were rainy which is incorrect. The sentence indicates that the day was Rainy, and the day will be denoted by ‘It’. So ‘It being a rainy day’ will be the correct idiomatic expression. Otherwise the meaning of the sentence changes.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who is the author of the book titled "Walking With The Comrades"?

A) Shashi Tharoor B) Arundhati Roy
C) Ramchandra Guha D) Anuradha Roy
 
Answer & Explanation Answer: B) Arundhati Roy

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Filed Under: Books and Authors
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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


When I think of my family's history on the land. I experience a pang of regret. Unlike much of the arid West, where the land has gone virtually unchanged for centuries, my place of origin, western Kansas, has been torn up by agriculture. The flat plains, excellent soil, and sparse but just adequate rainfall permitted farming; therefore farming prevailed, and a good 90% of the original sod prairie is gone. The consequence, in human terms, is that our relationship to our place has always felt primarily mercantile. We used the land and denied, or held at bay, its effect on us. Yet from my earliest childhood, when the most of the Kansas prairie was still intact, I 've known that the land also had a romantic quality. I've felt moved by the expanse of it , enthralled by size. I take pride in my identity as a plains daughter.

 

What does the author feel proud about?

 

A) being an American B) being a native of Kansas.
C) being able to see the romantic quality of the land. D) the ability to unite well.
 
Answer & Explanation Answer: B) being a native of Kansas.

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Filed Under: English
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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.

 

The big tree was ______ the lake.

 

A) in B) within
C) across D) off
 
Answer & Explanation Answer: C) across

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Filed Under: English
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Q:

A sentence has been given in Active/Passive Voice. Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.

 

One can achieve reward by hard work.

 

A) Reward could be achieved by hard work.   B) Reward is needed for hard work.  
C) Reward is achieved by hard work.   D) Reward can be achieved by hard work.  
 
Answer & Explanation Answer: D) Reward can be achieved by hard work.  

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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