Q:

If intermediate goods and services were included in GDP

A) the price level may change over time.	B) the GDP would be overstated.
C) the price level rose by more than nominal GDP.	D) All of the above

Answer & Explanation Answer: B) the GDP would be overstated.

Explanation:

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 2319

Q:

A negative supply shock in the short run causes

A) the aggregate supply curve to shift to the left	B) unemployment to fall
C) the aggregate supply curve to shift to the right	D) the price level to fall

Answer & Explanation Answer: A) the aggregate supply curve to shift to the left

Explanation:

A negative supply shock in the sho rt run causes the aggregate supply curve to shift to the left.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2318

Q:

The most important determinant of consumer spending is

A) consumer expectations	B) the level of income
C) the level of household borrowing	D) the stock of wealth

Answer & Explanation Answer: B) the level of income

Explanation:

The most important determinant of consumer spending is the level of income.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2318

Q:

Which of the following choices is a sound argument?

A) All teachers wear sarees. Mrs. Gomati does not wear a saree. Therefore, Mrs. Gomati is not a teacher.	B) All turtles are reptiles. The snake is not a turtle. Therefore, the snake is not a reptile.
C) Amitav Ghosh is an author. Arundati Roy is an author. Therefore, I want to be an author.	D) All of the above

Answer & Explanation Answer: A) All teachers wear sarees. Mrs. Gomati does not wear a saree. Therefore, Mrs. Gomati is not a teacher.

Explanation:

From the given choices, "All teachers wear sarees. Mrs. Gomati does not wear a saree. Therefore, Mrs. Gomati is not a teacher" is a sound argument.

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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 2318

Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.
every cloud has a silver lining

A) no bad situation is permanent	B) if one wants rain then one has to bear with dark clouds
C) every blessing comes with a hidden curse	D) every bad situation has some good aspects to it

Answer & Explanation Answer: D) every bad situation has some good aspects to it

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The average of five consecutive even numbers is 40. What is the value of smallest of these numbers?

A) 35	B) 36
C) 44	D) 48

Answer & Explanation Answer: B) 36

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
It was three o'clock in the afternoon
X-find our bearers
Y-before we woke, to
Z-preparing to return

A) YXZ	B) XZY
C) XYZ	D) ZYX

Answer & Explanation Answer: A) YXZ

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 2317

Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

Average in amount, intensity, quality, or degree.

A) moderate	B) supernatant
C) hobble	D) hum

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