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.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1581
Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Boys and girls ________ enjoy playing with the building blocks.

A) dislike B) like
C) even D) alike
 
Answer & Explanation Answer: D) alike

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1581
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.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1581
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 express the same sentence in Indirect/Direct speech.

 

The emperor was impressed with the singer and asked, ‘What can I do for you?'

 

A) The emperor impressed with the singer and asked that what he could do for him. B) The emperor was impressed with the singer and asked what he could do for him.
C) The emperor impressed with the singer asked what could be done for him. D) The emperor was impressed with the singer and asked what could be done for him.
 
Answer & Explanation Answer: B) The emperor was impressed with the singer and asked what he could do for him.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1581
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.

 

Worldwide, journalism and the news industry are struggling, in this digital age, to ________________ their relevance and value under profoundly changed and _________________ circumstances. In response ________________ the challenge, a strong view is forming within the profession that one way to ensure that the activities that __________________ journalism will continue to matter is to hone, strengthen, and develop its professional capabilities to perform certain __________________ tasks.

 

activities that __________________ journalism

 

A) make B) manufacture
C) constitute D) collect
 
Answer & Explanation Answer: C) constitute

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 1581
Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

______ a wrench she unscrewed the bolts.

 

A) Along with B) On
C) By means of D) Sticking
 
Answer & Explanation Answer: C) By means of

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams , CAT , GRE , TOEFL

0 1581
Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".


The greeting card (also reducing) the need to sit down and write loving messages to our dear ones.

 

A) has also reduce B) had also reduce
C) has also reduced   D) no improvement
 
Answer & Explanation Answer: C) has also reduced  

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: TOEFL , GRE , Bank Exams

1 1581
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'.

 

He is merely the personification of ‘the good, the bad, and the ugly’ of (1)/ news channels or perhaps the manifestation in (2)/ television news at its best. (3)/ No error (4)

 

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

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

0 1581