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Q:

According to Stockholm International Peace Research Institute, with spending of $55.9 Billion in 2016, which country became world’s fifth-largest military spender?

A) China B) USA
C) Russia D) India
 
Answer & Explanation Answer: D) India

Explanation:
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Filed Under: General Awareness
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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Q:

A merchant marked cloth at Rs. 50/metre . He offers 2 successive discounts of 15% and 20%. The net price/metre is

A) Rs. 32.50 B) Rs. 42.50
C) Rs. 34.00 D) Rs. 40.00
 
Answer & Explanation Answer: C) Rs. 34.00

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Filed Under: Percentage
Exam Prep: Bank Exams

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Q:

Punica granatum is the scientific name of _________

A) Custard Apple B) Gulmohar
C) Silver Oak D) Pomegranate
 
Answer & Explanation Answer: D) Pomegranate

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Consider the given question and decide which of the following statements is sufficient to answer the question.

Is Raju fond of travelling?


Statements :

1. Raju has seen East, West, North and Southern parts of India.
2. Raju likes to be in the company of his friends.

A) Statement 2 alone is suuficient while sufficient 1 alone is insufficient B) Statement 1 alone is sufficient while sufficient 2 alone is insufficient
C) Both statements 1 and 2 are sufficient D) Data insufficient
 
Answer & Explanation Answer: B) Statement 1 alone is sufficient while sufficient 2 alone is insufficient

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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Which of the following metals is stored in kerosene oil?

A) Copper B) Sodium
C) Platinum D) Gold
 
Answer & Explanation Answer: B) Sodium

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Name the country which won the 2017 Women's Hockey Asia Cup title?

A) Nepal B) Pakistan
C) India D) Bangladesh
 
Answer & Explanation Answer: C) India

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

What are isobars?

A) Elements with same atomic number but different mass number B) Elements with different atomic number but same mass number
C) Elements with different atomic number and different mass number D) Elements with same atomic number and same mass number
 
Answer & Explanation Answer: B) Elements with different atomic number but same mass number

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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