General Knowledge Questions

Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P- They never desert us even when all fair weather friends have deserted us.
Q- Books are never failing friends.
R- They dispel the dark clouds of gloom from our minds and increase our happiness if we are already happy.
S- Through the ages, the scriptures and other great books have provided, immeasurable solace to the wounded and strife torn humanity.

A) QRSP B) PRSQ
C) RSPQ D) QPRS
 
Answer & Explanation Answer: D) QPRS

Explanation:
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Filed Under: English
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:

Name the metal that can be easily cut with a knife:

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

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Filed Under: General Science
Exam Prep: CAT , Bank Exams , AIEEE

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Q:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD __________________ per Financial Year for any permitted current or capital account transaction or a combination of both. 

A)  USD 3,00,000   B)  USD 3,50,000  
C)  USD 2,00,000   D)  USD 2,50,000  
 
Answer & Explanation Answer: D)  USD 2,50,000  

Explanation:

Under the Liberalised Remittance Scheme, Authorised Dealers may freely allow remittances by resident individuals up to USD 2,50,000 per Financial Year (April-March) for any permitted current or capital account transaction or a combination of both

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams

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Q:

In the 42nd Constitutional Amendment 1976, which word was added to the Preamble?

A) Democratic B) Equality
C) Secular D) Socialist
 
Answer & Explanation Answer: C) Secular

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Filed Under: Indian Politics

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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.

 

This argument is completely ______________ and shows very little understanding ____________ education. The costs quoted for private schools, one, have no reliable source of data and, ______________, they discount two kinds of hidden costs — to the family and _____________ the nation. Often the cost of education in private schools is _________________ with the fee per child.

 

to the family and _____________ the nation.

 

A) to B) of
C)  for D) about
 
Answer & Explanation Answer: A) to

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Q:

The uppermost layer over the earth's surface is called the ______.

A) Mantle B) Core
C) Crust D) Exosphere
 
Answer & Explanation Answer: C) Crust

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

I saw his (A)/ unbelievably really quite (B)/ delightful cottage. (C)/ No Error (D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: B) B

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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