Questions

Q:

The ________ curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

A) monotonic B) indifferent
C) market demand D) diminishing
 
Answer & Explanation Answer: C) market demand

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Davis Cup 2015 final was held in ___.

A) UK B) Australia
C) Belgium D) Argentina
 
Answer & Explanation Answer: C) Belgium

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

In the following question, from the given alternative words, select the word which cannot be formed using the letters of the given word.
Improvement

A) Rope B) Trim
C) Important D) Prove
 
Answer & Explanation Answer: C) Important

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Q:

‘Capital gains’ refers to goods which

A) serve as a source of raising further capital B) help in the further production of goods
C) directly go into the satisfaction of human wants D) find multiple uses
 
Answer & Explanation Answer: B) help in the further production of goods

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Q:

The relation between the consumer’s optimal choice of the quantity of a good and its price is very important and this relation is called the ________ function.

A) Price B) Substitution
C) Supply D) Demand
 
Answer & Explanation Answer: D) Demand

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Q:

­ Inflation exists when

A) there is general increase in the prices over time. B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time. D) there is rise in the purchasing value of money.
 
Answer & Explanation Answer: A) there is general increase in the prices over time.

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Q:

A price floor is _____.

A) a maximum legal price B) a minimum legal price
C) the price where demand equals supply D) the price where elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: B) a minimum legal price

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

Learning (include) discovery, insight, understanding as well as accumulation of information.

 

A) includes   B) had includes  
C) has include   D) no improvement
 
Answer & Explanation Answer: A) includes  

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

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