Q:

Backward bending supply curve belongs to which market?

A) Capital	B) Labour
C) Money	D) Inventories

Answer & Explanation Answer: C) Money

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1035

Q:

Which one of the following indices is now used by the Reserve Bank of India to measure the rate of inflation in India?

A) NASDAQ Index	B) BSE Index
C) Consumer Price Index	D) Wholesale Price Index

Answer & Explanation Answer: C) Consumer Price Index

Explanation:

The Wholesale Price Index (WPI) was main index for measurement of inflation in India till April 2014 when RBI adopted new Consumer Price Index (CPI) as the key measure of inflation.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

2 1035

Q:

IMF has predicted that the global economy would grow at _______ % in 2017.

A) 5.5	B) 4.5
C) 3.5	D) 2.5

Answer & Explanation Answer: C) 3.5

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The consumption schedule relates:

A) disposable income to domestic income.	B) consumption to the level of disposable income.
C) consumption to saving.	D) saving to the level of disposable income.

Answer & Explanation Answer: B) consumption to the level of disposable income.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

0 1035

Q:

Five statements are given below, labelled A, B, C, D and E, among these, four statements are in logical order and form a coherent paragraph/passage. From the given options, choose the option that does not fit into the theme of the passage.

A) This takes us back to John Stuart Mill, the great nineteenth-century economist and philosopher, who believed that nobody can be a good economist if he or she is just an economist.	B) To be sure, most academic disciplines have become highly specialized since Mill’s day; and, since the collapse of theology,
C) no field of study has aimed to understand the human condition as a whole.	D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Answer & Explanation Answer: D) The life insurance industry has been destroyed by high and uncertain inflation as well.

Explanation:

All statements except ‘D’ are based on the economists versus the economy, while sentence D talks about 'The Destructive Power of Inflation'.

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Filed Under: English
Exam Prep: Bank Exams

0 1035

Q:

What happens to the Potential and Kinetic energies of a body as it falls down from a height?

A) Its Potential energy decreases while its Kinetic energy increases	B) There is no change in its Potential or Kinetic energy
C) Its Potential and Kinetic energies decrease	D) Its Potential energy increases while its Kinetic energy decreases

Answer & Explanation Answer: A) Its Potential energy decreases while its Kinetic energy increases

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

1 1035

Q:

Dominic Ongwen, who was convicted by the International Criminal Court (ICC) for war crimes, is from which country?

A) Uganda	B) Sudan
C) Iraq	D) Nigeria

Answer & Explanation Answer: A) Uganda

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

1 1035

Q:

If O is the centroid and AD, BE and CF are the three medians of Δ ABC with an area of 96 cm2 then the area of Δ BOD in cm2 is

A) 8	B) 12
C) 16	D) 24

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