Questions

Q:

In 2007, which monument was declared a winner of the New 7 Wonders of the World?

A) Taj Mahal B) Hawa Mahal
C) Agra Fort D) Lotus Temple
 
Answer & Explanation Answer: A) Taj Mahal

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 


Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers.

 

Price-fixing is a phenomenon that is normal in -

A) agricultural societies B) industrialized societies
C) pre-industrial societies D) globalised societies
 
Answer & Explanation Answer: B) industrialized societies

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Farmland ploughed and harrowed but left for a period without being sown in order to restore its fertility

 

A) Fallow B) Urbane
C) Sophisticated D) Genteel
 
Answer & Explanation Answer: A) Fallow

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Filed Under: English
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Break up into small parts as the result of impact or decay.

 

A) Disintegrate B) Juxtapose
C) Conjugate D) Entwine
 
Answer & Explanation Answer: A) Disintegrate

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Filed Under: English
Exam Prep: Bank Exams

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Q:

After the defeat at Plassey, Sirajuddaullah was assassinated and ________ was made the nawab.

A) Mir Jafar B) Mir Qasim
C) Haider Ali D) Tipu Sultan
 
Answer & Explanation Answer: A) Mir Jafar

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Who discovered sea route to India?

A) Babur B) Vasco-da-Gama
C) Galileo D) Ferondoz
 
Answer & Explanation Answer: B) Vasco-da-Gama

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Filed Under: Famous Personalities
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Q:

Who started Ganesha Festival?

A) Mahatma Gandhi B) Lokmanya Tilak
C) Pandit Nehru D) Indira Gandhi
 
Answer & Explanation Answer: B) Lokmanya Tilak

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Q:

Assembly line was invented by

A) Alexander Parkes B) Luigi Palmieri
C) Alexey Pajitnov D) Ransom Eli Olds
 
Answer & Explanation Answer: D) Ransom Eli Olds

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Filed Under: Inventions
Exam Prep: Bank Exams

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