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Q:

Rajan and Manu went to a market. Rajan bought 3 erasers and 5 pens for Rs 105 and Manu bought 4 erasers and 6 pens for Rs 130. What is the price of one eraser?

A) Rs 25 B) Rs 20
C) Rs 10 D) Rs 19
 
Answer & Explanation Answer: C) Rs 10

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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

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Q:

Raghavendra sells a machine for Rs 43 lakhs at a loss. Had he sold it for Rs 52 lakh, his gain would have been 5 times the former loss. Find the cost price of the machine.

A) Rs 50.5 lakhs B) Rs 60.6 lakhs
C) Rs 44.5 lakhs D) Rs 38.5 lakhs
 
Answer & Explanation Answer: C) Rs 44.5 lakhs

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Filed Under: Profit and Loss
Exam Prep: Bank Exams

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Q:

Select the odd word/letters/number/number pair from the given alternatives.

A) Adamant B) Stubborn
C) Tenacious D) Lenient
 
Answer & Explanation Answer: D) Lenient

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

In the given figure, if AD = 12 cm, AE = 8 cm and EC = 14 cm, then what is the value of BD in cm?

A) 50/3 B) 15
C) 8/3 D) 44/3
 
Answer & Explanation Answer: C) 8/3

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

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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.

A metrical thinker should always be moving in a direction which is beneficial and have always been right at every ______

A) height B) stride
C) growth D) address
 
Answer & Explanation Answer: B) stride

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Select the odd word/letters/number/number pair from the given alternatives.

A) FJ B) KO
C) RV D) WZ
 
Answer & Explanation Answer: D) WZ

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Filed Under: Odd Man Out
Exam Prep: Bank Exams , CAT

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Q:

Molybdenite is an ore/mineral of

A) Molybdenum B) Nickel
C) Silver D) Tin
 
Answer & Explanation Answer: A) Molybdenum

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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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