Questions

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

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Q:

A manufacturer faces price elasticity of demand of a ­1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.

A) 5.15 percent B) 7.65 percent
C) 8 percent D) 5.12 percent
 
Answer & Explanation Answer: C) 8 percent

Explanation:
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Q:

Earnings per share are calculated by dividing

A) (net income less preferred stock dividends) by average common shares outstanding. B) gross profit by average common shares outstanding.
C) net sales by average common shares outstanding. D) net income by average common shares outstanding.
 
Answer & Explanation Answer: A) (net income less preferred stock dividends) by average common shares outstanding.

Explanation:
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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.

Beat around the bush

A) To treat a topic, but omit its main points, often intentionally. B) Talk bad about a person, often in the absence of that person.
C) Spend a fun jovial time. D) It is wise to ignore hardships and continue with your task.
 
Answer & Explanation Answer: A) To treat a topic, but omit its main points, often intentionally.

Explanation:
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Filed Under: English
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 written word is necessarily confined _________ the things of the understanding because only the understanding has written language; whereas art deals ___________ ideas of a different mental texture, which words can only vaguely ____________. However, there are a large number of people who, _____________ they cannot be said to have experienced in a full sense any works of art, have undoubtedly the impelling desire which a little direction may lead on to a fuller ____________. And it is to such that books on art are useful.

 

can only vaguely ____________. However, there are

 

A) suggestion B) suggested
C) suggest D) suggests
 
Answer & Explanation Answer: C) suggest

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

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Q:

Bilateral monopoly situation is

A) when there are only two sellers of a product B) when there are only two buyers of a product
C) when there is only one buyer and one seller of a product D) when there are two buyers and two sellers of a product
 
Answer & Explanation Answer: C) when there is only one buyer and one seller of a product

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Q:

_____ often referred to as a shock treatment, is a psychiatric treatment in which seizures are electrically induced in patients to provide relief from psychiatric illnesses.

 

A) Electromyography (EMG) B) Electrocardiogram (ECG)
C) Electroencephalography (EEG) D) Electroconvulsive therapy (ECT)
 
Answer & Explanation Answer: D) Electroconvulsive therapy (ECT)

Explanation:
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Filed Under: Biology
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Q:

The universal natural auxin of plants is

A) IBA B) Citric auxin
C) NAA D) IAA
 
Answer & Explanation Answer: D) IAA

Explanation:
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Filed Under: Biology
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