Bank Exams Questions

Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand B) Law of supply
C) Law of substitution D) Law of optimal choice
 
Answer & Explanation Answer: A) Law of demand

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Q:

In a centrally planned economy, the ____________ plans all the important activities in the economy.

A) Industrialists B) Citizens
C) Government D) Judiciary
 
Answer & Explanation Answer: C) Government

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Q:

_________ says that the marginal product of a factor input initially rises with its employment level. But after reaching a certain level of employment, it starts falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: B) Law of variable proportions

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Q:

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

 

He said, "I started the job today."

A) He said that he has started the job today. B) He said that he had started the job that day.
C) He said that he had had started the job that day. D) He said that he has had started the job that day.
 
Answer & Explanation Answer: B) He said that he had started the job that day.

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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.

"Jim Crow" shuns the mountains for reasons satisfactory to himself; not so the magpie, the raven, and __________ mischief-maker, Clark's nutcracker. All of which keeps the bird-lover from the East in an ecstasy of surprises until he has _____________ accustomed to his changed environment. One cannot help ___________ into the speculative mood in view of the sharp contrasts ______________ the birds of the East and _________ of the West.

 

until he has _____________ accustomed to his changed environment.

A) became B) becomes
C) to be D) become
 
Answer & Explanation Answer: D) become

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Q:

In the following passage some of the words have been left out. Read the passage carefully and choose the correct answer for the given blank out of the four alternatives.


We are ____ in a time of great and _____changes. The most obvious _____of the modern world is the _____development of science and technology. This has given man a deeper _____of nature.


This has given man a deeper______of nature.

A) understanding B) control
C) management D) questioning
 
Answer & Explanation Answer: A) understanding

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Q:

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

 

The man who is perpetually hesitating which of the two things he will do first, will do neither. The man who resolves, but suffers his resolution to be changed by the first counter-suggestion of a friend, - who fluctuates from opinion to opinion, from plan to plan, and veers like a weather-cock to every point of the compass, with every breath of caprice that blows-can never accomplish anything great or useful. Instead of being progressive in any thing, he will be at best stationary, and more probably retrograde in all. It is only the man who first consults wisely, then resolves firmly, and then executes his purpose with flexible perseverance, undismayed by those petty difficulties which daunt a weaker spirit that can advance to eminence in any line. Take your course wisely, but firmly; and having taken it, hold upon it with heroic resolution, and the Alps and Pyrenees will sink before you.

 

What is the meaning of "retrograde" in the passage?

A) Stop moving B) Move backwards
C) Move slowly D) Crawl along
 
Answer & Explanation Answer: B) Move backwards

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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.

It is not _____ to ignore all allegations of booth capturing and rigging as murmurs of _____ losers. _____ have come to light of intimidation of whole villages and communities to make them vote for a particular candidate or party. At times election officials have been _____ by unscrupulous politicians into turning a blind eye to _____ practices.

At times election officials have been _____ by unscrupulous politicians

A) decided B) safeguarded
C) rejuvenated D) threatened
 
Answer & Explanation Answer: D) threatened

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