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.

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Filed Under: Indian Economy
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Q:

The Indian State of Sikkim does not share a border with which neighbouring country?

A) Nepal B) Bangladesh
C) Bhutan D) China
 
Answer & Explanation Answer: B) Bangladesh

Explanation:
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Filed Under: Indian Geography
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Q:

Which of the following is a greenhouse gas or a gas which can deplete the ozone layer?

A) BBr3 B) NH3
C) CH2N2 D) CCl2F2
 
Answer & Explanation Answer: D) CCl2F2

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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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.

 

Photography is the _____________ we can get to stopping time. The camera is our pause button, the cork we use to stop time from running out. And the photo album is the most potent time machine ever ____________, one that transports you to a curated past where everything exists ________ you choose to remember it,one that lets you revisit ________ just people and places and ages, but the hidden crannies of ________ own memory and the strange landscape of emotions that lies beyond.

 

lets you revisit ________ just people

A) nor B) none
C) no D) not
 
Answer & Explanation Answer: C) no

Explanation:
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Filed Under: English
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Q:

Select the word with the correct spelling.

A) adhision B) fundango
C) canabis D) closeted
 
Answer & Explanation Answer: D) closeted

Explanation:
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Filed Under: English
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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.


My tooth-brush is a thing that haunts me when I’m travelling, and ____________ my life a misery. I _____________ that I haven’t packed it, and wake up in a cold ________________, and get out of bed and hunt for it. And, in the morning, I pack it before I have used it, and have to unpack again to get it, and it is always the last thing I turn out of the bag; and _____________ I repack and forget it, and have to rush upstairs ___________ it at the last moment and carry it to the railway station, wrapped up in my pocket-handkerchief. Of course I had to turn every mortal thing out now, and, of course, I could not find it.


wake up in a cold ________________, and get out of

A) perspire B) perspiring
C) perspiration D) to perspire
 
Answer & Explanation Answer: C) perspiration

Explanation:
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Filed Under: English
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Q:

When does the sun shine vertically on the Equator ?

A) Throughout the year B) For six months
C) Twice a year D) Once a year
 
Answer & Explanation Answer: C) Twice a year

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Filed Under: General Science
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Q:

Which of the following was published by Gandhji during his stay in South Africa?

A) Young India B) Indian Opinion
C) Nav Jivan D) None of these
 
Answer & Explanation Answer: B) Indian Opinion

Explanation:
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Filed Under: Indian Politics

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