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:

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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Q:

The city of Vijayanagar is also known as

A) Halebidu B) Chandragiri
C) Hampi D) Kondavidu
 
Answer & Explanation Answer: C) Hampi

Explanation:
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Filed Under: Indian Geography
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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'.

The goal of personal development is to learn and apply that (1)/ which enable us to attain emotional well-being, understanding and (2)/ effectiveness, and to share this knowledge with others. (3)/ No error (4)

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

Explanation:
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Filed Under: English
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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'.
It seemed as if (1)/ every man in the (2)/ country was back them. (3)/No Error (4)

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

Explanation:
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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.


The scene will now shift to obtaining __________________ instruments of ratification to bring the agreement into force _________________ 2020, the first year of its________________ implementation. The agreement will enter into force with the ratification of ______________ 55 countries, whose aggregate greenhouse gas (GHG) emissions ________________ at least 55 per cent of global emissions.


The scene will now shift to obtaining __________________ instruments

A) enough B) full
C) lavish D) comfortable
 
Answer & Explanation Answer: A) enough

Explanation:
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Q:

Who among the following is the executive head of state in India?

A) Prime Minister B) President
C) Cabinet Secretary D) Finance Secretary
 
Answer & Explanation Answer: B) President

Explanation:
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Filed Under: General Awareness
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Q:

____________ scheme by the Central Government states that an insurance of 10 lakhs will cover each passenger traveling by Indian Rail while booking a ticket if an amount of 92paise is paid.

A) Gangajal Delivery Scheme B) Mission Bhagiratha In Telangana
C) National Apprenticeship Promotion D) Railway Travel Insurance
 
Answer & Explanation Answer: D) Railway Travel Insurance

Explanation:
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