Exams


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
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Q:

Ticket for an adult is Rs 1200 and a child is Rs 800 respectively. One child goes free with two adults. If a group has 25 adults and 5 children what is the discount the group gets?

A) 17.24 percent B) 24. percent
C) 24.41 percent D) 11.76 percent
 
Answer & Explanation Answer: D) 11.76 percent

Explanation:
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Filed Under: Percentage
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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.

 

Although it has been felt necessary to devote much space to ________ attempt to find principles that may be said to be at the basis ________ the art of all nations, the executive side of the question has not been neglected. And it is hoped that the __________ method for the study of drawing from the two opposite points of view ofline and mass here advocated may be useful, and help students to avoid some of the _____________ that results from attempting simultaneously the study of these______________ qualities of form expression.

 

avoid some of the _____________ that results

 

A) confuse B) confusing
C) confused D) confusion
 
Answer & Explanation Answer: D) confusion

Explanation:
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Filed Under: English
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Q:

Molybdenite is an ore/mineral of

A) Molybdenum B) Nickel
C) Silver D) Tin
 
Answer & Explanation Answer: A) Molybdenum

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

If the perimeter of a semi-circle is 36 cm, then find its radius (in cm).

A) 7 B) 14
C) 13 D) 26
 
Answer & Explanation Answer: A) 7

Explanation:
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Filed Under: Area
Exam Prep: Bank Exams

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Q:

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

 

The manager said "Vivek must go tomorrow to meet the client".

 

A) The manager said that Vivek must have to go the following day to meet the client. B) The manager said that Vivek will have to go tomorrow to meet the client.
C) The manager said that Vivek must go the following day to meet the client. D) The manager said that Vivek must be going tomorrow to meet the client.
 
Answer & Explanation Answer: C) The manager said that Vivek must go the following day to meet the client.

Explanation:
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Filed Under: English
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Q:

The following table represents the transport preferences of a certain number of people in three towns V, K and S. Consider the information and answer the following questions based on it.

 

 

What is the most preferred mode of transport?

A) Train B) Bus
C) Cycle D) Taxi
 
Answer & Explanation Answer: C) Cycle

Explanation:
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Filed Under: Table Charts
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Q:

What is the percentage of methane in biogas?

A) 90% B) 80%
C) 60% D) 75%
 
Answer & Explanation Answer: D) 75%

Explanation:
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Filed Under: Chemistry
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