Searching for "consumption"

Q:

In new government policy, the price of onion is raised by 35%. By what % should a person reduce onion consumption so that the expenditure on it does not increase?

A) 25% B) 29%
C) 26% D) 33%
 
Answer & Explanation Answer: C) 26%

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Filed Under: Percentage
Exam Prep: Bank Exams

Q:

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

 

Argument :

 

Warning : Consumption of alcohol is injurious to health.

 

Assumptions :

 

1. This warning is not required.

2. Non-alcoholic people are healthy.

 

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

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Filed Under: Statement and Assumptions
Exam Prep: Bank Exams

Q:

Consider the given argument and decide which of the given assumptions is (are) implicit.

Argument :

Due to water crisis in the city, the authority had asked all the citizens to reduce their water consumption by 25%.

Assumptions:

1. Many citizens may reduce their water consumption.
2. Many activists may protest to this advisory by the authority.

 

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

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Filed Under: Statement and Assumptions
Exam Prep: Bank Exams

Q:

The consumption schedule is such that

A) the MPC and the APC must be equal at all levels of income. B) the APC is constant and the MPC declines as income rises.
C) both the APC and the MPC increase as income rises. D) the MPC is constant and the APC declines as income rises.
 
Answer & Explanation Answer: D) the MPC is constant and the APC declines as income rises.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line. B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one. D) APS is positive at all income levels.
 
Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

The consumption schedule relates:

A) disposable income to domestic income. B) consumption to the level of disposable income.
C) consumption to saving. D) saving to the level of disposable income.
 
Answer & Explanation Answer: B) consumption to the level of disposable income.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

Q:

Improve the bracketed part of the sentence.

 

Expensive oil could hit consumption and public investment and dent private investment (what is not a path) to a sustained revival.

 

A) who is not a path B) whom is not a path
C) which is not a path D) No improvement
 
Answer & Explanation Answer: C) which is not a path

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Filed Under: English
Exam Prep: Bank Exams

Q:

Price of petrol increased from Rs 60/liter to Rs 75/liter. How much should the consumption of petrol be reduced (in %) so as to increase expenditure by only 10%?

A) 12 B) 20
C) 15 D) 18
 
Answer & Explanation Answer: A) 12

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Filed Under: Percentage
Exam Prep: Bank Exams