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Q:

The Working Committee of National Congress sanctioned the resolution named 'Quit India' at

A) Wardha B) Nagpur
C) Mumbai D) Delhi
 
Answer & Explanation Answer: A) Wardha

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

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Q:

Which one of the following statements is not correct in respect of the South Asian Association for Regional Cooperation (SAARC)?

A) Its Headquarters is located in Kathmandu. B) China is the only country with an Observer status in SAARC.
C) The first SAARC Summit was held in Dhaka. D) The Eighteenth SAARC Summit was held in Nepal.
 
Answer & Explanation Answer: C) The first SAARC Summit was held in Dhaka.

Explanation:

All  are  correct  except  3,  as  First SAARC    Summit    was    held    in Kathmandu

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Filed Under: World Organisations
Exam Prep: Bank Exams

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Q:

India’s first national sports university is to be set in which Indian state?

A) Bihar B) Punjab
C) Assam D) Manipur
 
Answer & Explanation Answer: D) Manipur

Explanation:

The Union Cabinet has approved an ordinance to set up India’s first national sports university in Imphal, Manipur. The proposed university will be spread over 325 acres and cost Rs 524 crore.

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Filed Under: Sports
Exam Prep: Bank Exams

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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.
I said to him, "I am too tired now to go out with you."

A) I said to him that I was too tired then to go out with him. B) I said to him that I am too tired then to go out with him.
C) I said to him that I was too tired then to go out with you. D) I said to him that I am too tired then to go out with you.
 
Answer & Explanation Answer: A) I said to him that I was too tired then to go out with him.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The dispute over Siachin Glacier is between

A)  India and China B) India and Afghanistan
C) India and Pakistan D)  India and Nepal
 
Answer & Explanation Answer: C) India and Pakistan

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

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Q:

Select the related word/letters/number from the given alternatives.
1 : 8 :: ? :64

A) 25 B) 36
C) 30 D) 27
 
Answer & Explanation Answer: D) 27

Explanation:
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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

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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 questions, relationship between different elements are shown in the statements. These statements are followed by two conclusions. Give answer

Statements: K>L = M<=N, O < L>=P

Conclusions:

I.K>=O

II.N>=O

A) if only conclusion I is true. B) if only conclusion II is true.
C) if either conclusion I or II is true. D) if neither conclusion I nor II is true.
 
Answer & Explanation Answer: D) if neither conclusion I nor II is true.

Explanation:

I. K>=L>O, So K>=O is not true

II. O< L = M<=N, So N>=O is not true.

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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