Questions

Q:

Prime Minister of India is de-facto head of which of the following bodies?

I. NITI Aayog

II. National Integration Council

III. Indian Board of Wildlife

A) Only I B) Only II
C) Both II and III   D) All I, II and III
 
Answer & Explanation Answer: D) All I, II and III

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

1 76899
Q:

Consider the following statements about impact of tax :

1. A tax is shifted forward to consumers if the demand is inelastic relative to supply.

2. A tax is shifted backward to producers if the supply is relatively more inelastic than demand.

Which of the statements given above is/are correct?

 

A) 1 only B) 2 only
C) Both 1 and 2 D) Neither 1 nor 2
 
Answer & Explanation Answer: C) Both 1 and 2

Explanation:

Only if either demand or supply was either completely elastic or inelastic will the tax burden fall entirely on either the buyer or the seller. Between these 2 extremes, tax incidence varies continuously from a perfectly inelastic supply or perfectly elastic demand, where the sellers assumes the entire burden of the tax to the perfectly elastic supply or perfectly inelastic demand where the buyers bear the entire burden. To better see how the elasticity of supply and demand affects tax incidence, consider a 20% tax on a can of soda. Suppose the government decides that the buyer should pay the 20% tax. Does this mean that the buyers will be paying 20% more, or will sellers have to share some of the tax burden? Since higher prices decrease demand, regardless of the reason for the higher prices, sellers will share some of the burden. How much of the burden will be determined by the elasticity of supply and demand for the product?

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 76895
Q:

Improve the bracketed part of the sentence.

You and I must understand (one another), and that too without delay.

 

A) one other B) with one another
C) each another D) no improvement
 
Answer & Explanation Answer: D) no improvement

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 76878
Q:

Arrange the following cities in an order from North to South

1) Bhubaneshwar
2) Chennai
3) Hyderabad
4) Cochin

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

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

1 76772
Q:

What would be the next number in the series  

  9, 8, 18, 6, 36, 4, 72, 2, 144, ?  

A) 288 B) 1
C) 0 D) 576
 
Answer & Explanation Answer: C) 0

Explanation:

Here there are combination of two series.

 1) 9, 18, 36, 72, 144

 2) 8, 6, 4, 2, 0

 

Therefore, The next number in the given series is 0.

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams
Job Role: Bank Clerk

9 76753
Q:

Improve the bracketed part of the sentence.

 

It nuances the larger debate on whether such votes should override the will of the legislature, (or guided it further).

 

A) or guide it further B) or guide it to farther
C) or guidance further D) No improvement
 
Answer & Explanation Answer: A) or guide it further

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 76728
Q:

Which instrument is used to measure humidity?

 

A) Pyrometer B) Hydrometer
C) Hygrometer D) Calorimeter
 
Answer & Explanation Answer: C) Hygrometer

Explanation:

Hygrometer is used for measuring humidity of air.

 

 

 

 

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Filed Under: Physics
Exam Prep: Bank Exams

0 76712
Q:

____ is not a type of heat transfer.

 

A) Diffusion B) Reflection
C) Convection D) Radiation
 
Answer & Explanation Answer: B) Reflection

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

2 76679