Questions

Q:

Consider the following statements about indifference curves:

1. Indifference curves are convex to the origin.

2. Higher indifference curve represents higher level of satisfaction.

3. Two indifference curves cut each other.Which of the statements given above is/are correct?

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

Explanation:

The indifference curves cannot intersect each other.

Higher indifference curve represents a higher level of satisfaction because higher IC means a bundle consisting more of both the goods or same quantity of one good n more quantity of the other good .Hence statement 2 is correct and 3 is incorrect.

Indifference curves is convex to the point of origin because of diminishing Marginal Rate of Substitution.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 39612
Q:

Which of the following equation is/are INCORRECT?

I. NI = NDP + Net Foreign Income
II. GNP = GDP + Net Foreign Income
III. NDP = GNP – Depreciation

A) Only (I) and (II) B) Only (III)
C) Only (II) and (III) D) Only (II)
 
Answer & Explanation Answer: B) Only (III)

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

0 39586
Q:

The first Indian to cross seven important seas by swimming ____ ?

A) Amrendra Singh B) Bula Chaudhury
C) Junko Taibei D) Yuri Gagarin
 
Answer & Explanation Answer: B) Bula Chaudhury

Explanation:

Bula Chaudhury, Indian swimmer best known for her long-distance swimming feats.

 

In 2005 she became the first woman to have swum across sea channels of five continents including the Strait of Gibraltar, the Tyrrhenian Sea, Cook Strait, Toroneos Gulf (Gulf of Kassandra) in Greece, the Catalina Channel off the California coast, and from Three Anchor Bay to Robben Island near Cape Town, South Africa.

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Filed Under: Sports
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank Clerk

197 39584
Q:

Eastern ghats and Western ghats meet at the

A) Annamalai hills B) Palani hills
C) Nilgiri hills D) Cardamom hills
 
Answer & Explanation Answer: C) Nilgiri hills

Explanation:

The Eastern Ghats are a discontinuous range of mountains along India's eastern coast whereas Western Ghats also known as Sahyadri is a mountain range that runs parallel to the western coast of the Indian peninsula.

eastern_ghats_and_western_ghats_meet_at_the1536656083.png image

Eastern ghats and Western ghats meet at the Nilgiri hills in Tamilnadu.

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

55 39582
Q:

How did the Lakshadweep islands of group originate?

 

A) Volcanic origin B) Soil Deposition
C) Coral origin D) No option is correct
 
Answer & Explanation Answer: C) Coral origin

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

0 39373
Q:

Which one ofthe following is not correct about Administrative Tribunals?

 

A) The Parliament may by law constitute Administrative Tribunals both at the Union and State levels B) Tribunals may look into disputes and complaints with respect to recruitment and conditions of service of persons appointed to public services.
C) Tribunals established by a law of the Parliament can exclude the jurisdiction of all Courts to allow for special leaveto appeal. D) The law establishing the Tribunals may provide for procedures including rules of evidence to be followed.
 
Answer & Explanation Answer: C) Tribunals established by a law of the Parliament can exclude the jurisdiction of all Courts to allow for special leaveto appeal.

Explanation:

Article 323A provides that Parliament may by law establish tribunals for adjudication of disputes concerning recruitment and conditions of service of persons appointed to public service under Central, State or any Local or other authority or a corporation owned or controlled by the Government of India. The law made by Parliament for the purpose may specify the jurisdiction and procedure of the tribunals. Under clause 2(d), the law may exclude the jurisdiction of all courts except that of the Supreme Court under article 136 with respect to the service matters falling within the purview of the tribunals.

 

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 39292
Q:

Which of the following lake lies on the Equator in Africa continent?

 

 

A) Tanganyika B) Victoria
C) Nyasa lake D) Lake Kariba
 
Answer & Explanation Answer: B) Victoria

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

2 39208
Q:

The deepest land locked and protected port in india is 

A) Marmugoa B) Vishakhapatnam
C) Mumbai D) Cohin
 
Answer & Explanation Answer: B) Vishakhapatnam

Explanation:
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Filed Under: Indian Geography

111 39186