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Q:

The mean of 12 observations is 15. One more observation is included and the new mean becomes 16. The 13th observation is

A) 2 B) 24
C) 26 D) 28
 
Answer & Explanation Answer: D) 28

Explanation:
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Filed Under: Average
Exam Prep: Bank Exams

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Q:

If a-1a=1, then a2 + 1a2 ?

A) 1 B) 3
C) 2 D) 4
 
Answer & Explanation Answer: B) 3

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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in Indirect/Direct Speech.

 

“Do you write with a left hand?” she asked.

 

A) She asked whether I wrote with a left hand B) She asked that did I wrote with a left hand
C) She asked about my writing D) She ask if I write with my left hand
 
Answer & Explanation Answer: A) She asked whether I wrote with a left hand

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

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Q:

As of February 2018, who is the Indian-born CEO of the Nokia company?

A) Sundar Pichai B) Ajaypal Singh Banga
C) Rajeev Suri D) Satya Nadella
 
Answer & Explanation Answer: C) Rajeev Suri

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Choose a soft option

 

A) Choose a comfortable place to spend the night B) Target the weaker players to win the match
C) Do the thing that is easiest or least likely to cause trouble in a particular situation D) Always choose comfort over hardship
 
Answer & Explanation Answer: C) Do the thing that is easiest or least likely to cause trouble in a particular situation

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The bar chart represents sales of four companies C1, C2, C3 and C4 (in millions) for the year 2012, 2013 and 2014.

Consider the bar chart and answer questions based on it.

 

 

The combined sales of C2 in 2012 and 2014 is how much more than that of C3 for the same years?

A) 12% B) 13.72%
C) 14.75% D) 17.30%
 
Answer & Explanation Answer: D) 17.30%

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Filed Under: Bar Charts
Exam Prep: Bank Exams

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Q:

Which of the following is a natural polymer?

A) Bakelite B) Nylon
C) Polythene D) Starch
 
Answer & Explanation Answer: D) Starch

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Filed Under: Chemistry
Exam Prep: Bank Exams

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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

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