Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

Jubilant

A) Happy	B) Aggressive
C) Ancient	D) Defeat

Answer & Explanation Answer: A) Happy

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers	B) Income of consumers remains constant
C) Consumers are affected by demonstration effect	D) There are no changes in the price of substitute goods.

Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

___ is used as a stabilizer in ice cream.

A) Gelatin	B) Sugar
C) Milk	D) Strawberry

Answer & Explanation Answer: A) Gelatin

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers	B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous.	D) Buyers and sellers in the market are assumed to have perfect information.

Answer & Explanation Answer: B) Average total costs continually decrease.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Amphibian plants are placed in which of the following groups?

A) Bryophyta	B) Gymnosperms
C) Pteridophyta	D) Thallophyta

Answer & Explanation Answer: A) Bryophyta

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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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.

The general consensus is that the millennial _____________ with taking pictures of everything stems from the tendency to over- share on social media, but it may also be a manifestation _______________ our relationship with an increasingly unstable present. When everything around you _______________ before you can register it, it is tempting to reach into your pocket for your smartphone, click away, and think about it later, even ___________ the subject is as simple as a slice of toast. The selfie may be narcissistic, but it is ___________ a self-portrait that anchors you to a time and place, be it your first holiday abroad or the nightclub you visit every weekend.

also be a manifestation _______________ our relationship

A) form	B) for
C) of	D) off

Answer & Explanation Answer: C) of

Explanation:

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

Who among the following has been awarded by the UNHCR Nansen Refugee Award-2017 for his crucial mediating role and efforts to help children effected by the insurgency in his country?

A) Zannah Mustapha	B) Francois Gabart
C) Sarah Mullally	D) Cyril Ramaphosa

Answer & Explanation Answer: A) Zannah Mustapha

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which of the following statements is true with respect to Glucometer?

A) It is a medical device	B) It is a non-medical device
C) It is used to measure oxygen level in the air	D) It is used to measure nitrogen level in the air

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