Questions

Q:

Match the characteristics with their market structure:
(a) Price > MC in both short and long run
(b) Faces highly elastic demand

A) (a) Monopolistic competition, (b) Pure competition B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Monopolistic competition D) (a) Oligopoly, (b) Pure competition
 
Answer & Explanation Answer: B) (a) Pure Monopoly, (b) Monopolistic competition

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs P1 to Rs 190, when quantity demanded increases from 5000 units to 5200 units, and if point elasticity of demand is -0.8 find P1?

A) Rs 220 B) Rs 240
C) Rs 200 D) Rs 250
 
Answer & Explanation Answer: C) Rs 200

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/Phrase.
Adam's ale

A) Gift B) Food
C) Water D) Belongings
 
Answer & Explanation Answer: C) Water

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following places is not a Middle Stone Age?

A) Langhnaz B) Ganeshwar
C) Bagor   D) Adamgarh
 
Answer & Explanation Answer: B) Ganeshwar

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Filed Under: Famous Places
Exam Prep: Bank Exams , CAT

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Q:

In the triangle ABC,∠BAC = 50° and the bisectors of ∠ABC and ∠ACB meets at P. What is the value (in degrees) of ∠BPC?

A) 100 B) 105
C) 115 D) 125
 
Answer & Explanation Answer: C) 115

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Candid

 

A) Artful B) Free
C) Objective D) Plain
 
Answer & Explanation Answer: A) Artful

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

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Q:

A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in Indirect/Direct Speech.

 

He says, “Everybody is here.”

 

A) He says everybody was here B) He says that everybody is here
C) He says that everybody was here D) He said everybody were here
 
Answer & Explanation Answer: B) He says that everybody is here

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

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Q:

A passage is given with five questions following it. Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The saddest part of life lies not in the act of dying, but in failing to truly live while we are alive. Too many of us play small with our lives, never letting the fullness of our humanity see the light of day. I’ve learned that what really counts in life, in the end, is not how many toys we have collected or how much money we’ve accumulated, but how many of our talents we have liberated and used for a purpose that adds value to this world. What truly matters most are the lives we have touched and the legacy that we have left. Tolstoy put it so well when he wrote: “We live for ourselves only when we live for others.” It took me forty years to discover this simple point of wisdom.

 

Forty long years to discover that success cannot really be pursued. Success ensues and flows into your life as the unintended yet inevitable byproduct of a life spent enriching the lives of other people. When you shift your daily focus from a compulsion to survive towards a lifelong commitment to serve, your existence cannot help but explode into success. I still can’t believe that I had to wait until the “half-time” of my life to figure out that true fulfillment as a human being comes not from achieving those grand gestures that put us on the front pages of the newspapers and business magazines, but instead from those basic and incremental acts of decency that each one of us has the privilege to practice each and every day if we simply make the choice to do so.

 

Mother Teresa, a great leader of human hearts if ever there was one, said it best: “There are no great acts, only small acts done with great love.” I learned this the hard way in my life. Until recently, I had been so busy striving, I had missed out on living. I was so busy chasing life’s big pleasures that I had missed out on the little ones, those micro joys that weave themselves in and out of our lives on a daily basis but often go unnoticed. My days were overscheduled, my mind was overworked and my spirit was underfed.

 

Suggest a suitable title for the passage?

 

A) True happiness as experienced by Mother Teresa B) Forty years of discovery Tolstoy
C) Living truly D) Learning it the hard way
 
Answer & Explanation Answer: C) Living truly

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Filed Under: English
Exam Prep: Bank Exams

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