Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases.	B) buy more of a good as the price of the good falls.
C) will spend all of their money on something.	D) want more of everything even if they have no money to buy anything.

Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

Explanation:

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

0 1174

Q:

Lorenz curve shows

A) Inflation	B) Unemployment
C) Income distribution	D) Poverty

Answer & Explanation Answer: C) Income distribution

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In which of the following plants are buds produced in the notches along the leaf margin?

A) Bryophyta	B) Banana
C) Rose	D) Bryophyllum

Answer & Explanation Answer: D) Bryophyllum

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

_________ is any attribute of the organism (morphological, physiological, behavioural) that enables the organism to survive and reproduce in its habitat.

A) Adaptation	B) Migration
C) Conformation	D) Regulation

Answer & Explanation Answer: A) Adaptation

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985	B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995	D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971

Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

A high jumper runs for a while before taking a high jump so that the inertia of __ helps him take the long jump.

A) rest	B) shape
C) motion	D) direction

Answer & Explanation Answer: C) motion

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

An echo is returned in 3 s. What is the distance of the reflecting surface from the source, considering the speed of sound as $342 {ms}^{- 1}$ ?

A) 513 m	B) 644 m
C) 342 m	D) 171 m

Answer & Explanation Answer: A) 513 m

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Filed Under: Physics
Exam Prep: AIEEE , 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.

________________ various signs of economic slowdown such as languishing industrial production and adverse __________________of the drought on rural livelihoods and demand, the government is apparently unable ____________________ unwilling to increase public spending to _________________ people’s material distress or to kick-start economic ____________________ to increase employment.

spending to _________________ people's material distress

A) cool off	B) cut
C) less	D) mitigate

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