Questions

Q:

Consider the following statements about impact of tax :

1. A tax is shifted forward to consumers if the demand is inelastic relative to supply.

2. A tax is shifted backward to producers if the supply is relatively more inelastic than demand.

Which of the statements given above is/are correct?

 

A) 1 only B) 2 only
C) Both 1 and 2 D) Neither 1 nor 2
 
Answer & Explanation Answer: C) Both 1 and 2

Explanation:

Only if either demand or supply was either completely elastic or inelastic will the tax burden fall entirely on either the buyer or the seller. Between these 2 extremes, tax incidence varies continuously from a perfectly inelastic supply or perfectly elastic demand, where the sellers assumes the entire burden of the tax to the perfectly elastic supply or perfectly inelastic demand where the buyers bear the entire burden. To better see how the elasticity of supply and demand affects tax incidence, consider a 20% tax on a can of soda. Suppose the government decides that the buyer should pay the 20% tax. Does this mean that the buyers will be paying 20% more, or will sellers have to share some of the tax burden? Since higher prices decrease demand, regardless of the reason for the higher prices, sellers will share some of the burden. How much of the burden will be determined by the elasticity of supply and demand for the product?

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 42360
Q:

Statement I :

A person may suffer from tuberculosis if she/he frequently visits crowded place.

Statement II :

Bacteria of tuberculosis spread through droplets by sneezing or coughing.

 

A) Both the statements are individually true and Statement II is the correct explanation of Statement I B) Both the statements are individually true but Statement II is not the correct explanation of Statement I
C) Statement I is true but Statement II is false D) Statement I is false but Statement II is true
 
Answer & Explanation Answer: D) Statement I is false but Statement II is true

Explanation:

Tuberculosis (TB) is caused by a type of bacterium called Mycobacterium tuberculosis.

It's spread when a person with active TB disease in their lungs coughs or sneezes and someone else inhales the expelled droplets, which contain TB bacteria.

One would have to spend prolonged periods (several hours) in close contact with an infected person to catch the infection yourself.For example, TB infections usually spread between family members who live in the same house. It would be highly unlikely for you to become infected by sitting next to an infected person on a bus or train. Hence, statement 1 is incorrect.

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Filed Under: Biology
Exam Prep: Bank Exams

1 42342
Q:

Which of the following statements with regard to the Mediterraneam agriculture is/are correct?

1.The Mediterranean agriculture is highly specialized commercial agriculture.

2.It is intensive subsistence agriculture dominated by wet paddy cultivation.

3.It is a primitive subsistence agriculture.4.Viticulture is a speciality of the Mediterranean region.

Select the correct answer using the code given below.

A) 1 only B) 2 and 3
C) 1 and 4 only D) 1, 3 and 4
 
Answer & Explanation Answer: C) 1 and 4 only

Explanation:

Mediterranean agriculture is practised  on  the  either  side  of  the Mediterranean  Sea  in  Europe  and in   north   Africa   from   Tunisia   to Atlantic  coast,  southern  California, central  Chile,  south  western  parts of   South   Africa   and   south   and south  western  parts  of  Australia. This region is an important supplier of citrus fruits. Viticulture or grape cultivation  is  a  speciality  of  the Mediterranean region.

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Filed Under: Indian Geography
Exam Prep: Bank Exams

1 42306
Q:

main()

{

char s[ ] = "man";

int i;

for( i=0; s[ i ]; i++)

printf( "n%c%c%c%c", s[ i ], *(s+i), *(i+s), i[s] );

}

A) mmmm aaaa nnnn B) aaaa mmmm nnnn
C) nnnn aaaa mmmm D) None
 
Answer & Explanation Answer: A) mmmm aaaa nnnn

Explanation:

s[i], *(i+s), *(s+i), i[s] are all different ways of expressing the same idea.Generally array name is the base address for that array. Here s is the base address. i is the index number/displacement from the base address. So, indirecting it with * is same as s[i]. i[s] may be surprising. But in the case of C it is same as s[i].

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Filed Under: Programming

56 42286
Q:

Which among the following is NOT a member of any of the two Houses of the Indian Parliament?

 

I. Prime Minister of India

II. Finance Minister of India

III. President of India

 

A) Only I B) Only II
C) Only III D) Both II and III
 
Answer & Explanation Answer: C) Only III

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 42251
Q:

Who was the first indian ruler to apply the western methods to his administration?

A) Haider Ali B) Tipu Sultan
C) Murshid Quil Khan D) Malhar Rao Holkar
 
Answer & Explanation Answer: B) Tipu Sultan

Explanation:

Tipu Sultan was the first indian ruler to apply the western methods to his administration. Sultan Fateh Ali Sahab Tipu, also known as the Tipu Sahib, was a ruler of the Kingdom of Mysore. He was the eldest son of Sultan Hyder Ali of Mysore.

Tipu-Sultan1533103459.jpg image

Tipu Sultan introduced a number of administrative innovations during his rule, including his coinage, a new Mauludi lunisolar calendar, and a new land revenue system which initiated the growth of the Mysore silk industry.

He was one of the few South Indian kings to provide stiff resistance to British imperialism, along with Hyder Ali. He is applauded as a ruler who fought against British colonialism. Similarly he has been a controversial figure and criticized for his atrocities against Hindus, Christians, and Mappla Muslims.

 

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Filed Under: Indian History
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration

7 42226
Q:

In Angiosperms, plant embryos in seed have structures called ______.

 

A) Spore B) Buds
C) Sprout D) Cotyledon
 
Answer & Explanation Answer: D) Cotyledon

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

1 42203
Q:

Which one of the following statements would be INCORRECT to use?

 

A) An atom of a compound B) A mole of an element
C) A mole of a compound D) An atom of an element
 
Answer & Explanation Answer: A) An atom of a compound

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

0 42098