4000+ Latest Bank Exams Questions and Answers with Explanation

Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers	B) Income of consumers remains constant
C) Consumers are affected by demonstration effect	D) There are no changes in the price of substitute goods.

Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1026

Q:

A piece of paper is folded and punched as shown below in question figures. From the given answer figures, indicate how it will appear when opened.

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: C) 3

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Paper Folding
Exam Prep: Bank Exams

1 1025

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.

Society and individuals will evolve __________ changing times. Technology will continue to play an increasingly ____________ role in our lives in the years to come. Passing the blame on to technology is the easiest thing to do, but how we _____________ to use technology is an individual decision. In an attempt to be connected with the world _______ large, are we getting disconnected with the people who mean the most to us? This is a question worth pondering _________.

play an increasingly ____________ role in our lives

A) importances	B) important
C) importance	D) importantly

Answer & Explanation Answer: B) important

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1025

Q:

Which of the following is a bisexual flower?

A) Cucumber	B) Mustard
C) Watermelon	D) Papaya

Answer & Explanation Answer: B) Mustard

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Biology
Exam Prep: Bank Exams

1 1025

Q:

Which of the following Indian women cricket openers scored 320 in 45.3 overs to become the world's first pair to achieve a 300-run opening wicket partnership in a one-day internationals(ODIs)?

A) Deepti Sharma and Poonam Raut	B) Diana Edulji and Mitali Raj
C) Mitali Raj and Deepti Sharma	D) Poonam Raut and Mitali Raj

Answer & Explanation Answer: A) Deepti Sharma and Poonam Raut

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Sports
Exam Prep: Bank Exams

3 1025

Q:

How much salt is present in our body?

A) 1%	B) 2%
C) 0.4%	D) 0.6%

Answer & Explanation Answer: C) 0.4%

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Biology
Exam Prep: Bank Exams

0 1025

Q:

If the measure of the exterior angle of a regular polygon is 72 deg then how many sides does it have?

A) 6	B) 8
C) 9	D) 5

Answer & Explanation Answer: D) 5

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

0 1025

Q:

A piece of cloth costs Rs. 35. If the piece were 4 m longer and each meter were to cost Rs. 1 lesser, then the total cost would remain unchanged. How long is the piece of cloth?

A) 10 m	B) 14 m
C) 12 m	D) 8 m

Bank Exams Questions

Quick Links