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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

India's first official census operation was undertaken in which year?

A) 1841 B) 1881
C) 1921 D) 1961
 
Answer & Explanation Answer: B) 1881

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Filed Under: Indian History
Exam Prep: Bank Exams

Q:

In the question a statement is given, followed by two arguments, I and II. You have to consider the statement to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given arguments, if any, is a strong argument.

Statement : Should one year of army training be compulsory for all Indian citizens?

Argument I : No, the costs of training will be prohibitive and one year of labour will be lost.
Argument II : Yes, army training helps make better citizens.

A) if only argument I is strong. B) if only argument II is strong.
C) if both I and II are strong. D) if neither I nor II is strong.
 
Answer & Explanation Answer: A) if only argument I is strong.

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Filed Under: Statement and Arguments
Exam Prep: Bank Exams

Q:

X and Y start from the same point. X walks 40 m north, then turns West and walks 80 m, then turns to his right and walks 50 m. At the same time, Y walks 90 m North. Where is Y now with respect to the position of X?

A) Y is 30 m to the East of X B) Y is 80 m to the West of X
C) Y is 30 m to the West of X D) Y is 80 m to the East of X
 
Answer & Explanation Answer: D) Y is 80 m to the East of X

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Filed Under: Direction Sense Test
Exam Prep: Bank Exams

Q:

Select the missing number from the given options.

A) 0 B) 68
C) 2 D) 10
 
Answer & Explanation Answer: C) 2

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Filed Under: Arithmetical Reasoning
Exam Prep: Bank Exams

Q:

If 10$25 = 8, 12$25 = 10 then what is the value of 14$53 = ?

A) 13 B) 15
C) 11 D) 9
 
Answer & Explanation Answer: A) 13

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

Q:

In a certain code language, '+' represents 'x', '-' represents '+', 'x' represents '÷' and '÷' represents '-'. What is the answer to the following question?
24 x 6 - 8 + 2 = ?

A) 25 B) 50
C) 40 D) 20
 
Answer & Explanation Answer: D) 20

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

Q:

From the given alternative words, select the word which cannot be formed using the letters of the given word:
ECCENTRICITY

A) NIECE B) CREATE
C) TRINITY D) RETICENT
 
Answer & Explanation Answer: B) CREATE

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Filed Under: Logical Sequence of Words
Exam Prep: Bank Exams