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:

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

A large crowd ____________ to get a glimpse of their favourite star.

A) gathered B) rallied
C) clustered D) compiled
 
Answer & Explanation Answer: A) gathered

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

What is the simplified value of (sin A – cosec A)(sec A – cos A) (tan A + cot A)?

A) 1 B) -1
C) 0 D) 2
 
Answer & Explanation Answer: B) -1

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

In each of the questions, four alternatives are given for the Idiom/Phrase. Choose the alternative which best expresses the meaning of the Idiom/Phrase and click the button corresponding to it.
Couch potato

A) An old person who has old­fashioned ideas. B) A person who prefers to watch television.
C) A person who does not seem very friendly. D) Someone who stays calm and does not show their emotions.
 
Answer & Explanation Answer: B) A person who prefers to watch television.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Syngamy results information of 

A) haploid zygote B) diploid zygote
C) non-motile male gametes D) motile male gametes
 
Answer & Explanation Answer: B) diploid zygote

Explanation:

Syngamy, also known as fertilisation occurs between the male and female gametes. Syngamy may occur either externally, outside the body of organisms or internally, inside the body. Syngamy leads to formation of a specialised cell called diploid zygote.

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Filed Under: Biology
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.

At this critical juncture what the company needs is a _______________ marketing strategy.

A) creditable B) adventurous
C) incredible D) credible
 
Answer & Explanation Answer: D) credible

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

A solid cone of height 36 cm and radius of base 9 cm is melted to form a solid cylinder of radius 9 cm and height 9 cm. What percent of material is wasted this process?

A) 25 B) 5
C) 0 D) 10
 
Answer & Explanation Answer: A) 25

Explanation:
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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

If a mirror is placed on the line, choose the right image of the given figure?

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

Explanation:
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Filed Under: Image Analysis
Exam Prep: Bank Exams

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