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Q:

The law of increasing opportunity costs states that

A) along a production possibilites curve, increases in the production of one good make the production of that good easier and easier B) increases in wages cause increases in the costs of production
C) costs of production increases and then decreases D) along a production possibilities curve, increases in the production of one good require larger and larger sacrifices of the other good
 
Answer & Explanation Answer: D) along a production possibilities curve, increases in the production of one good require larger and larger sacrifices of the other good

Explanation:

Opportunity cost is the cost of other alternative choices for making your interested choice of work. Oppurtunity cost is also called as alternative cost.

For example on a holiday, you have two choices to do, either you can go to movie or a function. And if you chose to go to moavie, the oppurtunity cost of going to movie is the value that would have gotten if you had gone to function.

 

The law of increasing opportunity costs states that as you increase production of one good, the opportunity cost to produce an additional good will increase.

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Filed Under: Indian Economy
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

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Q:

The hazardous component in most antifreeze is

A) Ethane alcohol B) Ethylene Glycol
C) Ehtylene D) Ethene
 
Answer & Explanation Answer: B) Ethylene Glycol

Explanation:

Ethylene Glycol is an antifreeze is an additive which lowers the freezing point of a water-based liquid and increases its boiling point. 

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Filed Under: Chemistry
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The quality or tone of a musical sound produced by a stringed instrument depends on

A) frequency of vibration B) length of the strings in the instrument
C) Amplitude of vibration D) waveform of the sound
 
Answer & Explanation Answer: D) waveform of the sound

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which one of the following may be the true characteristic of cyclones?

A) Temperate cyclones move from west to east with westerlies whereas tropical cyclones follow trade winds B) The front side of cyclone is known as the 'eye of cyclone'.
C) Cyclones possess a centre of high pressure surrounded by closed isobars D) Hurricanes are well known tropical cyclones which develop over mid latitudes.
 
Answer & Explanation Answer: A) Temperate cyclones move from west to east with westerlies whereas tropical cyclones follow trade winds

Explanation:

Temperate Cyclones are cyclones of mid-latitudes and hence are primarily under influence of permanent winds of mid-latitudes i.e. westerlies. Their movement is therefore eastwards of their origin with average velocity of 32km per hour in summers and 48km per hour in winters.

Movement of Tropical CyclonesNormally, they move from east to west under the influence of trade winds because trade winds are permanent winds of tropical latitudes. The general direction is therefore westwards from their origin. They advance with varying velocities. Weak cyclones move at the speed of about 32km per hour while hurricanes attain the velocity of 180km per hour or more.

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

One should consciously engage in activities that will nourish your soul. Just as we nourish the body, we need to nurture the soul to connect to the creative power of the universe and to manifest joy in our lives. Often, we forget to address the soul, lost as we are in a jungle of material and sensual pleasures. But the more you embrace what feeds your soul, the happier you become. So if you want to enjoy the abundance of life, engage in what enriches your soul. Nurturing the soul is all about finding calm amidst chaos. There are a number of practices that empower people towards this end including silent contemplation, various forms of meditation, yoga and tai chi However, the rigor and discipline involved in the pursuit of such practices often seems to discourage people. Add to this, the temptations of the material world that leave little time and motivation for anyone to pursue the spiritual path. Poet Walt Whitman declared: “Whatever satisfies the soul is truth”. The good news is that simple, everyday activities can also nutrify the soul — like spending time in the midst of nature, dancing in the rain or just putting thoughts on paper. Do whatever is calming and pleases you. Creative pursuits are particularly appealing as inside each one of us, there is an artist craving for release and awaiting an opportunity for expression. One of the ways to indulge the artist within is to get started with the practice of any one or more of the creative art forms such as music, singing, dancing, acting, drawing, painting, sculpting, poetry, fiction or essay writing.

 

When you engage in such soul nourishing activities, all thought and energy gets focused toward goal accomplishment. At this point, you will find that even unknown forces of the universe are conniving to assist you in your amateurish but sincere attempts. As you progress, you are motivated to do better. You touch and access a faculty, a part of you that you never knew existed. Your inner artist is unleashed, baring the beauty of your soul that has found a fond medium of expression. For instance, a sculptor’s soul is seen in his artwork; a musician’s in his compositions; an actor’s in his acting, a painter’s in his paintings and so on. It is immaterial whether your effort is an immaculate artwork or just a clumsy attempt by a layperson. The idea is to try, be inspired and to create giving free rein to the mind. As Michelangelo remarked: “I saw the angel in the marble and carved until I set him free”!

 

According to the passage, what makes us really happy?

 

A) A soulful music. B) A soulful sculptures art.
C) Freeing our mind. D) Embracing what feeds our soul.
 
Answer & Explanation Answer: D) Embracing what feeds our soul.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In 1236 Sultan Iltutmish’s daughter, __________, became Sultan.

A) Rehana B) Rukhsana
C) Rashida D) Raziyya
 
Answer & Explanation Answer: D) Raziyya

Explanation:
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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

When was World Meterological Organisation estabilished?

A) 1950 B) 1952
C) 1956 D) 1949
 
Answer & Explanation Answer: A) 1950

Explanation:
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Filed Under: World Organisations

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Q:

What is the objective of Financial Reporting?

Answer

Financial Reporting involves the disclosure of financial information to the various stakeholders about the financial performance and financial position of the organization over a specified period of time. These stakeholders include – investors, creditors, public, debt providers, governments & government agencies.


Financial Reporting is very important and critical task of an organization. It is vital part of Corporate Governance.


 


The objectives & purposes of financial reporting :–


 


* Providing information to management of an organization which is used for the purpose of planning, analysis, benchmarking and decision making.


 


* Providing information to investors, promoters, debt provider and creditors which is used to enable them to male rational and prudent decisions regarding investment, credit etc.


 


* Providing information to shareholders & public at large in case of listed companies about various aspects of an organization.


 


* Providing information about the economic resources of an organization, claims to those resources (liabilities & owner’s equity) and how these resources and claims have undergone change over a period of time.


 


* Providing information as to how an organization is procuring & using various resources.


 


* Providing information to various stakeholders regarding performance management of an organization as to how diligently & ethically they are discharging their fiduciary duties & responsibilities.


 


* Providing information to the statutory auditors which in turn facilitates audit.


 


* Enhancing social welfare by looking into the interest of employees, trade union & Government.

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Subject: Finance Exam Prep: AIEEE , Bank Exams , CAT
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