Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good	B) normal good
C) exclusive good	D) inferior good

Answer & Explanation Answer: D) inferior good

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 952

Q:

Government borrowing to finance budget deficits _____.

A) will exert downward pressure on interest rates	B) will have no effect on interest rates
C) will increase supply of loanable funds	D) will put upward pressure on interest rates

Answer & Explanation Answer: D) will put upward pressure on interest rates

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The international trade effect states that

A) an increase in the price level will lower net exports.	B) an increase in the price level will raise exports.
C) an increase in the price level will raise net exports.	D) an increase in the price level will lower imports

Answer & Explanation Answer: A) an increase in the price level will lower net exports.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The centroid of a triangle is the point where

A) the medians meet	B) the altitudes meet
C) the right bisectors of the sides of the triangle meet	D) the bisectors of the angles of the triangle meet

Answer & Explanation Answer: A) the medians meet

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

Who is the first African-American actor to win the Best Actor Award in a Television Drama in the history of Golden Globe?

A) Gary Oldman	B) James Franco
C) Aziz Ansari	D) Sterling K. Brown

Answer & Explanation Answer: D) Sterling K. Brown

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

1 951

Q:

Who is the director of the film 'Poorna', which depicts the story of Poorna Malavath, the youngest girl to climb Mount Everest?

A) Gautham Vasudeva Menon	B) Ayan Mukherjee
C) Anurag Kashyap	D) Rahul Bose

Answer & Explanation Answer: D) Rahul Bose

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

0 950

Q:

Monetary policy refers to the actions the Federal Reserve takes to manage

A) income tax rates and interest rates to pursue its economic objectives.	B) government spending and income tax rates to pursue its economic objectives.
C) the money supply and income tax rates to pursue its economic objectives.	D) the money supply and interest rates to pursue its economic objectives.

Answer & Explanation Answer: D) the money supply and interest rates to pursue its economic objectives.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 950

Q:

Urbanization and unsustainable development in India raised several environmental concerns but NOT one among the following.

A) Deforestation	B) Soil degradation
C) Depletion of natural resources	D) Erratic monsoon

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