General Knowledge Questions

Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 699
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'.
The Captain along with (1)/his team has been (2)/invited to the function.(3)/No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 699
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.

National integration means _____ all the people of the nation into a single whole. It is a _____ that bends together all people in one _____ bond no matter what their religion, caste, language or history may be. It is a _____ cementing force whereby all kinds of people live _____ peacefully and can identify themselves as a part and parcel of a nation.

It is a _____ cementing force whereby all kinds of people

A) weakening B) natural
C) strong D) settled
 
Answer & Explanation Answer: C) strong

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 699
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

0 699
Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the buttoncorresponding to it. If the sentence is free from error, click the "No error" option.

There was a (A)/ comparison between (B)/ you and he (C)/ no error (D)

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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 699
Q:

Which of the following Newton's laws of motion can explain why a ball thrown at a wall rebounds?

A) 1st law of motion B) 2nd law of motion
C) 3rd law of motion D) Neither of the laws
 
Answer & Explanation Answer: C) 3rd law of motion

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

0 698
Q:

What is the measure of temperature considered as normal in human body?

A) 95 deg F B) 97 deg F
C) 98.6 deg F D) 96.8 deg F
 
Answer & Explanation Answer: C) 98.6 deg F

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

1 698
Q:

Which of the following is the main thinking part of the human brain?

A) Hind-brain B) Cerebellum
C) Mid-brain D) Fore-brain
 
Answer & Explanation Answer: D) Fore-brain

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Biology
Exam Prep: Bank Exams

5 698