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Q:

Consider the given statement and decide which of the given assumptions is/are implicit in the statement.

Statement:

Teachers must attend workshops.

Assumptions:

1. Workshop updates teachers.

2. Workshops kill time.

A) Both assumptions 1 and 2 are implicit B) Neither assumption 1 nor 2 is implicit
C) Only assumption 2 is implicit D) Only assumption 1 is implicit
 
Answer & Explanation Answer: D) Only assumption 1 is implicit

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

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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.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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

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Filed Under: Paper Folding
Exam Prep: Bank Exams

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Q:

A cylindrical vessel of height 7 cm and radius 5 cm is completely filled with sand. When this sand is poured out it forms a right circular cone of radius 8 cm what will be the height of this cone?

A) 8.2 cm B) 16.4 cm
C) 24.6 cm D) 32.8 cm
 
Answer & Explanation Answer: A) 8.2 cm

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

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Q:

In a concave mirror when the object is placed at infinity which of the following applies to the image?

A) Real, inverted, highly enlarged image at center of curvature (C) B) Real, inverted image of the same size at centre of curvature (C)
C) Real, inverted, diminished image between centre of curvature (C) and principal focus (F) D) Real, inverted, highly diminished image at focus
 
Answer & Explanation Answer: D) Real, inverted, highly diminished image at focus

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

Assuming that the numbers in each of the following figures follow a similar pattern, select the option that can replace the ? in figure C?

 

 

 

A) 47 B) 45
C) 35 D) 37
 
Answer & Explanation Answer: D) 37

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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams , CAT

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Q:

The data given shows the registration of bikes and total vehicles (in thousands) for six months in 2017 in city X.

 

Note : In the chart, the first number represents bikes and the second number represents total vehicles.

 

The increase in registration of bikes from may to June 2017 is:

 

A) 60% B) 70%
C) 69% D) 64.7%
 
Answer & Explanation Answer: D) 64.7%

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Filed Under: Bar Charts
Exam Prep: Bank Exams

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Q:

Who is the director of the film 'Poorna', which depicts the story of Poorna Malavath, the youngest girl to climb Mount Everest?

A) Gautham Vasudeva Menon B) Ayan Mukherjee
C) Anurag Kashyap D) Rahul Bose
 
Answer & Explanation Answer: D) Rahul Bose

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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