Exams


Q:

Which one of the following hypotheses postulates that individual's consumption in any time period depends upon resources available to the individual, rate of return on his capital and age of the individual?

A) Absolute Income Hypothesis B) Relative Income Hypothesis
C) Life Cycle Hypothesis D) Permanent Income Hypothesis
 
Answer & Explanation Answer: C) Life Cycle Hypothesis

Explanation:

The life-cycle theory of consumption, popularly known as life-cycle hypothesis,' was developed by Ando and Modigliani" in the early 1960s.

The life-cycle hypothesis postulates that individual consumption in any time period depends on

(i) resources available to the individual,

(ii) the rate of return on his capital, and

(iii) the age of the individual.

The resources available to an individual consist of his existing net wealth and the present value of all his current and future labour incomes. According to the life-cycle hypothesis, a rational consumer plans consumption on the basis of all his resources and allocates his income to consumption over time so that he maximizes his total utility over his life time.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following function is performed by the kidneys in the human body?

A) Excretion B) Respiration
C) Digestion D) Transportation
 
Answer & Explanation Answer: A) Excretion

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

If (1 - sinA)/(1 + sinA) = x, then x is

A) (cosecA - cotA)2 B) secA - tanA
C) (secA - tanA)2 D) cosecA - cotA
 
Answer & Explanation Answer: C) (secA - tanA)2

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

If "S" denotes "multiplied by", "V" denotes "subtracted from", "M" denotes "added to" and "L" denotes "divided by", then 11 V 9 M 88 L 11 S 9 = ?

A) 66 B) -70
C) 74 D) 72
 
Answer & Explanation Answer: C) 74

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive Voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active Voice.

 

He could have solved the problem.

A) The problem could be solved by him. B) The problem could have solved by him.
C) The problem could have been solved by him. D) The problem could solve by him.
 
Answer & Explanation Answer: C) The problem could have been solved by him.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The sum of 4x + 3y ­ 7z, x ­ y ­ z and ­2x ­ 3y + 4z is

A) 3x -­ y -­ 4z B) 3x -­ y + 4z
C) 3x + y -­ 4z D) 3x + y + 4z
 
Answer & Explanation Answer: A) 3x -­ y -­ 4z

Explanation:
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Filed Under: Simplification
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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.

All thumbs

 

A) Permission from the concerned people to go ahead. B) A crowd cheering their favourite team.
C) Physically awkward, especially with respect to the hands. D) An illiterate person who cannot sign his name.
 
Answer & Explanation Answer: B) A crowd cheering their favourite team.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

Photosynthesis is (1)/ possible (2)/ because of sun. (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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