Questions

Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits. B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources. D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.
 
Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Find arc elasticity of demand, if quantity demanded falls from 4600 to 4200 when price of the item is increased from Rs 960 to Rs 1000?

A) -2.23 B) -­2.09
C) 2.23 D) 2.09
 
Answer & Explanation Answer: A) -2.23

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of these islands are located in the Arabian Sea?

A) Andaman Islands B) Nicobar Islands
C) Lakshadweep Islands D) All of the above
 
Answer & Explanation Answer: C) Lakshadweep Islands

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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'.

 

We wish to make globalisation a means to expand human well being and freedom, (1)/ and to bring democracy and developmental (2)/ to local communities where people live. (3)/ No error (4).

 

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

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Accounting principles are generally based on

A) Convenience in recording B) Practicability
C) Subjectivity D) All of the above
 
Answer & Explanation Answer: B) Practicability

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Filed Under: Accounting and Finance
Exam Prep: Bank Exams

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Q:

In India the reform policies were first introduced in which year?

A) 1951 B) 1971
C) 1991 D) 2001
 
Answer & Explanation Answer: C) 1991

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The tides in the sea are primarily due to

A) the atmospheric effect of the Earth B) the gravitational effect of Venus on the Earth
C) the gravitational effect of the Sun on the Earth D) the gravitational effect of the Moon on the Earth
 
Answer & Explanation Answer: D) the gravitational effect of the Moon on the Earth

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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

Pablo Picasso was from _____.

A) India B) UK
C) Spain D) Italy
 
Answer & Explanation Answer: C) Spain

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Filed Under: World Geography
Exam Prep: Bank Exams

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