Exams


Q:

Which one of the following hypotheses postulates that individual's consumption in any time period depends upon resources available to the individual, rate of return on his capital and age of the individual?

A) Absolute Income Hypothesis B) Relative Income Hypothesis
C) Life Cycle Hypothesis D) Permanent Income Hypothesis
 
Answer & Explanation Answer: C) Life Cycle Hypothesis

Explanation:

The life-cycle theory of consumption, popularly known as life-cycle hypothesis,' was developed by Ando and Modigliani" in the early 1960s.

The life-cycle hypothesis postulates that individual consumption in any time period depends on

(i) resources available to the individual,

(ii) the rate of return on his capital, and

(iii) the age of the individual.

The resources available to an individual consist of his existing net wealth and the present value of all his current and future labour incomes. According to the life-cycle hypothesis, a rational consumer plans consumption on the basis of all his resources and allocates his income to consumption over time so that he maximizes his total utility over his life time.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1600
Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


The _____ of energy in India are met from both commercial and non commercial sources. The most _____ sources of energy today are coal and natural gas, hydro
electricity and nuclear power. On the other hand, firewood, cow-dung cakes and vegetable waste etc. _____ non commercial forms of energy. While non commercial
forms of energy _____ demand, coal is the _____ source of commercial energy in India.


On the other hand, firewood, cow-dung cakes and vegetable waste etc. _____ non commercial forms of energy.

A) constitutes B) combines
C) mixes D) collaborates
 
Answer & Explanation Answer: A) constitutes

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 1600
Q:

What is the name of a group of similar cells performing a specific function?

A) Tissue B) Organ
C) Organ system D) Cellular organization
 
Answer & Explanation Answer: A) Tissue

Explanation:
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Filed Under: Biology
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Q:

The common name of dichlorodifluoromethane is _____.

A) galena B) Freon
C) gypsum D) borax
 
Answer & Explanation Answer: B) Freon

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

3 1600
Q:

Who built the Moti Masjid in the Red Fort of Delhi?

A) Akbar B) Jahangir
C) Shah Jahan D) Aurangzeb
 
Answer & Explanation Answer: D) Aurangzeb

Explanation:
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Filed Under: Indian History
Exam Prep: Bank Exams

2 1600
Q:

 In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

 

Statement I: All matchboxes are lighters

Statement II: Some fire are match boxes

 

 

Conclusion I: No lighters are fire

Conclusion II: All fire are lighters

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusions I and II follow D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: D) Neither conclusion I nor conclusion II follows

Explanation:
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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

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Q:

Total number of countries in the world are

A) 125 B) 165
C) 255 D) 195
 
Answer & Explanation Answer: D) 195

Explanation:
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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

Which one of the following is an irrational number?

A) √59059 B) 231/593
C) 0.454545.... D) 0.121122111222
 
Answer & Explanation Answer: D) 0.121122111222

Explanation:
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Filed Under: Numbers
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