Questions

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:

A motion that seeks to reduce the amount of demand presented by government to Rs. 1/- is known as

A) Disapproval of policy Cut B) Token cut
C) Economy cut D) Vote on account
 
Answer & Explanation Answer: A) Disapproval of policy Cut

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The school of Indian art which is also known as the Greco-­Roman­-Buddhist art is the ____________school

A) Mauryan B) Shunga
C) Gandhara D) Gupta
 
Answer & Explanation Answer: C) Gandhara

Explanation:
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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The vertical angle A of an isosceles triangle ΔABC is three times the angle B of it. The measure of the angle A is

A) 90° B) 108°
C) 100° D) 36°
 
Answer & Explanation Answer: B) 108°

Explanation:
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Q:

Who has won the Best Actor award in the 90th Oscar awards 2018?

A) Garry Oldman B) Denzel Washington
C) Daniel Day Lewis D) Daniel Kaluuya
 
Answer & Explanation Answer: A) Garry Oldman

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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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.


My tooth-brush is a thing that haunts me when I’m travelling, and ____________ my life a misery. I _____________ that I haven’t packed it, and wake up in a cold ________________, and get out of bed and hunt for it. And, in the morning, I pack it before I have used it, and have to unpack again to get it, and it is always the last thing I turn out of the bag; and _____________ I repack and forget it, and have to rush upstairs ___________ it at the last moment and carry it to the railway station, wrapped up in my pocket-handkerchief. Of course I had to turn every mortal thing out now, and, of course, I could not find it.


wake up in a cold ________________, and get out of

A) perspire B) perspiring
C) perspiration D) to perspire
 
Answer & Explanation Answer: C) perspiration

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one, which best expresses the same sentence in Passive/Active voice.

Our Institute has launched a new scholarship scheme for the weaker sections of the society.

A) A new scholarship scheme has been launched by our Institute for the weaker sections of the society. B) A new scholarship scheme was launched for our Institute for sections of the society which are weak.
C) For the weaker sections of the society a new scholarship scheme had been launched by our Institute. D) For the weaker sections of the society our Institute had launched a new scholarship scheme.
 
Answer & Explanation Answer: B) A new scholarship scheme was launched for our Institute for sections of the society which are weak.

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Filed Under: English
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Q:

According to the Indus water treaty which river will be not governed by Pakistan?

A) Indus B) Chenab
C) Jhelum D) Ravi
 
Answer & Explanation Answer: D) Ravi

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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