Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.	B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources.	D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.

Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1461

Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist.	B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole.	D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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Filed Under: English
Exam Prep: Bank Exams

0 1461

Q:

Who was the first Englishman to appear in the Mughal Court during Jahangir's reign?

A) Paul Canning	B) Captain William Hawkins
C) William Edward	D) Ralph Fitch

Answer & Explanation Answer: B) Captain William Hawkins

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Filed Under: Indian History

2 1460

Q:

Who is the winner of 2017 Formula One Chinese Grand Prix?

A) Sebastian Vettel	B) Lewis Hamilton
C) Valtteri Bottas	D) Kimi Raikkonen

Answer & Explanation Answer: B) Lewis Hamilton

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Kangana Ranaut has won how many National awards?

A) 4	B) 3
C) 2	D) 1

Answer & Explanation Answer: B) 3

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

0 1460

Q:

Arrest of _________ in 1930 led to angry demonstrations in streets of Peshawar.

A) Abdul Ghaffar Khan	B) Abul Kalam Azad
C) Zakir Hussain	D) Muzaffar Ahmed

Answer & Explanation Answer: A) Abdul Ghaffar Khan

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Filed Under: Indian History
Exam Prep: Bank Exams

2 1460

Q:

The Peacock Throne was a famous jewelled throne that was the seat of the ________ emperors of India.

A) Maurya	B) Gupta
C) Mughal	D) Maratha

Answer & Explanation Answer: C) Mughal

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

1 1460

Q:

A spoon which looks bent is an example of which of the following?

A) Reflection	B) Refraction
C) Retention	D) Focus

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