Questions

Q:

Amartya Sen was awarded the Nobel Prize for his contribution to 

A) Monetary Economics B) Welfare Economics
C) Environmental Economics D) Development Economics
 
Answer & Explanation Answer: B) Welfare Economics

Explanation:

Amartya   Sen,   Indian   economist who  was  awarded  the  1998  Nobel Prize  in  Economic  Sciences  for  his contributions  to  welfare  economics and social choice theory and for his interest    in    the    problems    of society's poorest members

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Filed Under: Indian Economy
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Q:

If goods A and Z are complements, an increase in the price of good Z will _____.

A) increase demand for good A B) decrease demand for good A
C) decrease demand for good Z D) increase demand for good Z
 
Answer & Explanation Answer: B) decrease demand for good A

Explanation:
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Filed Under: Indian Economy
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Q:

A passage with three blanks, followed by five options, each containing one word, is given. Choose the word that can fill all the three blanks.
An __________ is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid. An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed. In a Dutch ____________, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met. In economic theory, an ____________ may refer to any mechanism or set of trading rules for exchange.

A) Assets B) Auction
C) Autarky D) Arbitrage
 
Answer & Explanation Answer: B) Auction

Explanation:

‘Assets’ mean things that have earning power or some other value to their owner. ‘Auction’ means a public sale in which goods or property are sold to the highest bidder. ‘Autarky’ refers to the idea that a country should be self-sufficient and not take part in international trade. ‘Arbitrage’ means the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset. ‘Amortisation’ means the running down or payment of a loan by instalments. The given passage includes the presence of an ‘auctioneer’ who is defined as a person who conducts auctions by accepting bids and declaring goods sold. Thus, option 2 is the correct fit for all three blanks.

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Filed Under: English
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Q:

Which of the following has pH value 7?

A) Pure Water B) H2SO4
C) Sodium Carbonate D) HCl
 
Answer & Explanation Answer: A) Pure Water

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Vivekananda dared to attempt to ______ all that was rotting in Indian society and to enrich and learn from all that was noble.

A) create B) sustain
C) derive D) revamp
 
Answer & Explanation Answer: D) revamp

Explanation:
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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P- When the robber was near her bed, she stood up suddenly, 'brandishing the knife.
Q- One night the robber did enter her room but Lakshmi did not make any sound.
R- She just kept a tight hold of the knife and pretended to be sound asleep.
S- The robber was taken aback and with a loud cry, he ran out.

A) SQRP B) PRQS
C) QRPS D) PSQR
 
Answer & Explanation Answer: C) QRPS

Explanation:
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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.

To Have bitten off more than you can chew

A) To eat voraciously and then fall sick B) To behave disrespectfully towards elders and then repent the act
C) To have tried to do something which is too difficult D) To have missed a golden opportunity and after that willing to put twice the effort to recover the loss
 
Answer & Explanation Answer: C) To have tried to do something which is too difficult

Explanation:
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Q:

In the following passage some of the words have been left out. Read the passage carefully and choose the correct answer for the given blank out of the four alternatives.

 


We have rich cultural _____ . Its roots go into _____. Ours has never been a closed ______. It has _______ just like a tree, ______ to external ______ but holding its roots _______. But one wonders today whether it will be able to hold its _____. The ______ of our cultural heritage has come under the _____ of western culture.

 


It has _______ just like a tree,

 

A) grown B) risen
C) expanded D) branched
 
Answer & Explanation Answer: A) grown

Explanation:
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Filed Under: English
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