General Knowledge Questions

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:

Zeolite is

A) hydrated ferric oxide B)  hydrated sodium aluminium silicate
C)  sodium hexameta phosphate D)  sodium tetra borate
 
Answer & Explanation Answer: B)  hydrated sodium aluminium silicate

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

What is the accepted average Calorie requirement for rural area in India?

A) 2100 B) 2200
C) 2300 D) 2400
 
Answer & Explanation Answer: D) 2400

Explanation:
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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button corresponding to it. If the sentence is free from error, click the "No error" option.

1. He was

2. very kind enough

3. to invite me 

4. No Error.

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

Explanation:
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Filed Under: English

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Q:

Gobind Singh, the 10th Guru of Sikhs, was the son of whose?

A) Guru Nanak Dev B) Guru Arjun Dev
C) Guru Ramdas D) Guru Teg Bhadur
 
Answer & Explanation Answer: D) Guru Teg Bhadur

Explanation:
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Filed Under: Famous Personalities

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Q:

How many Indian States and Union Territories share the Indian coastline?

A) 9 States and 5 Union Territories B) 12 States and 3 Union Territories
C) 7 States and 5 Union Territories D) 5 States and 3 Union Territories
 
Answer & Explanation Answer: A) 9 States and 5 Union Territories

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

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Q:

Who among the following hosted the Hindi version of "Big Boss-11"?

A) Aamir Khan B) Salman Khan
C) Shilpa Shetty D) Farhan Akhtar
 
Answer & Explanation Answer: B) Salman Khan

Explanation:
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Filed Under: Famous Personalities
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Q:

For a good that is a luxury demand

A) has unit elasticity B) tends to be inelastic
C) tends to be elastic D) cannot be represented
 
Answer & Explanation Answer: C) tends to be elastic

Explanation:

For a good that is a luxury demand tends to be elastic.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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