Questions

Q:

The demand for a inferior good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Filed Under: Indian Economy
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Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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Filed Under: Indian Economy
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Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: B) Law of variable proportions

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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.

 

Business is for profits and the spirit of __________________ and driving high performance are encouraged in a ______________ environment. Also, in a democratic country like India, perceived _______________ in the distribution of earnings or wealth is crucial to hold the fabric of its society, be it the citizens __________ the country or employees of a corporation. The evolution of compensation practices in India over the ____________ five decades demonstrates the changes that have taken place.

 

encouraged in a ______________ environment.

 

A) capitalistic B) capitalism
C) capital D) capitalisation
 
Answer & Explanation Answer: A) capitalistic

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Filed Under: English
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.

 

Some writers have claimed that the ___________ of persons are incapable of even fairly correct reasoning, pointing to the absurd ideas entertained by the masses of people as a proof _______ the statement. These writers are probably a little radical _______ their views and statements, but one is often struck ______ wonder at the evidences of incapacity for interpreting __________ and impressions on the part of the general public.

 

claimed that the ___________ of persons

 

A) major B) majority  
C) majorly   D) majors
 
Answer & Explanation Answer: B) majority  

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Evil twin

 

A) Getting punished for the deeds of another person who is just like you B) An imaginary double humorously invoked to explain or excuse uncharacteristic or reprehensible behaviour
C) When two people are alike then one will be good and the other evil D) To show behaviour which randomly switches between good and evil
 
Answer & Explanation Answer: B) An imaginary double humorously invoked to explain or excuse uncharacteristic or reprehensible behaviour

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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.

 

The general consensus is that the millennial _____________ with taking pictures of everything stems from the tendency to over- share on social media, but it may also be a manifestation _______________ our relationship with an increasingly unstable present. When everything around you _______________ before you can register it, it is tempting to reach into your pocket for your smartphone, click away, and think about it later, even ___________ the subject is as simple as a slice of toast. The selfie may be narcissistic, but it is ___________ a self-portrait that anchors you to a time and place, be it your first holiday abroad or the nightclub you visit every weekend.

 

When everything around you _______________ before you can

 

A) change   B) changes  
C) changing   D) changed
 
Answer & Explanation Answer: B) changes  

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Exam Prep: Bank Exams , GRE , TOEFL

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: Biographies of great men can also help us in learning good manners.
Q: Courtesy and politeness is the key to good manners.
R: No doubt these are little words but if they are spoken at the right moment and in a soft and sweet voice, they are bound to work wonders.
S: The use of polite words like "Sorry", "Please", "Thank you", "Beg your pardon", "Sir" etc. creates a healthy impact on the minds of others.

 

A) PRSQ B) RPSQ
C) QPSR D) SPQR
 
Answer & Explanation Answer: C) QPSR

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Filed Under: English
Exam Prep: Bank Exams

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