Bank Exams Questions

Q:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.  B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions. D) the extent to which a market is competitive. 
 
Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

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Filed Under: Indian Economy
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Q:

The demand for a inferior good increases with ________ in the consumer's income.

A) increase B) decrease
C) constant D) double
 
Answer & Explanation Answer: B) decrease

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Filed Under: Indian Economy
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Q:

In which of the following market forms, a firm does not exercise control over price?

A) Monopoly B) Perfect competition
C) Oligopoly D) Monopolistic competition
 
Answer & Explanation Answer: B) Perfect competition

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Filed Under: Indian Economy
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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: The philosophy of pragmatism goes something like this.
Q: It is not possible for the mind to relate to anything other than ideas.
R: The mind is such that it deals only with ideas.
S: Therefore, it is not correct to think that the mind actually can ponder reality.

A) RQSP B) RSPQ
C) PRQS D) SQRP
 
Answer & Explanation Answer: C) PRQS

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Filed Under: English
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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, "This man will be waiting for you here at the lobby."

A) He said this that man would be waiting for me there at the lobby. B) He said that that man would be waiting for me there at the lobby.
C) He said that that man would be waiting for me here at the lobby. D) He said this that man would be waiting for me here at the lobby.
 
Answer & Explanation Answer: B) He said that that man would be waiting for me there at the lobby.

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Filed Under: English
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Q:

An arc of 30° in one circle is double an arc in a second circle, the radius of which is three times the radius of the first. Then the angles subtended by the arc of the second circle at its centre is

A) 3° B) 4°
C) 5° D) 6°
 
Answer & Explanation Answer: C) 5°

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Filed Under: Volume and Surface Area
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Q:

A leopard is chasing a prey. The leopard runs 2 km South, then turns West and runs 2.5 km, then turns North and runs 1.5 km, then it turns to its right and runs 2.5 km. Where is it now with respect to the starting position?

 

A) 3.5 km South B) 0.5 km North
C) 0.5 km South D) 3.5 km North
 
Answer & Explanation Answer: C) 0.5 km South

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Filed Under: Direction Sense Test
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Q:

Slow-growing large coloured patches on the bark of trees are the examples of symbiotic life forms called ______.

 

A) Aphids B) Egrets
C) Shrimps D) Lichens
 
Answer & Explanation Answer: D) Lichens

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Filed Under: Biology
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