Questions

Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line. B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one. D) APS is positive at all income levels.
 
Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Filed Under: Indian Economy
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 ___________ conversation-starter cultivated by years of ostentatious ___________ society is a simple ‘how do you do?’ followed by a polite shaking of hands and an optional comment on the weather. But aside __________ the mental trauma this ritual causes to those unfortunate souls who suffer from clammy hands, it also doesn’t provide much incentive to go on. Fascinating as the weather can be from time _________ time, one can speak only so much about the ____________ of the sun and express sympathy towards the depressions the Bay of Bengal faces.

 

much about the ____________ of the sun

 

A) brightness B) bright
C) brightly D) brighter
 
Answer & Explanation Answer: A) brightness

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following is the CORRECT decreasing order of intercellular space in various simple permanent tissues?

 

A) Parenchyma > Sclerenchyma > Collenchyma   B) Collenchyma > Parenchyma > Sclerenchyma  
C) Parenchyma > Collenchyma > Sclerenchyma   D) Sclerenchyma > Parenchyma > Collenchyma  
 
Answer & Explanation Answer: C) Parenchyma > Collenchyma > Sclerenchyma  

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

A girl child has which of the following combinations of chromosomes in her cells?

A) 44 autosomes + XX B) 22 autosomes + XX
C) 44 autosomes + XY D) 22 autosomes + XY
 
Answer & Explanation Answer: A) 44 autosomes + XX

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which part of the human brain is the centre for intelligence, memory and emotions?

A) Hypothalamus B) Cerebrum
C) Corpus Callosum D) Mid Brain
 
Answer & Explanation Answer: B) Cerebrum

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers B) Income of consumers remains constant
C) Consumers are affected by demonstration effect D) There are no changes in the price of substitute goods.
 
Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Filed Under: Indian Economy
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Q:

If for a perfectly competitive firm, price is Rs 7.2, output is 4500 units, average variable costs are Rs 1.2, and average total costs are Rs 4. The firm's profits are equal to

A) Rs 7200 B) Rs 9000
C) Rs 14400 D) Rs 19800
 
Answer & Explanation Answer: C) Rs 14400

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Filed Under: Indian Economy
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Q:

‘Marketing Support and Services Scheme’ (in the Eleventh Plan) Supports artisans related to ___________.

A) Handicrafts B) Leather goods
C) Gems and Jewellery D) Handlooms
 
Answer & Explanation Answer: A) Handicrafts

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Filed Under: General Awareness
Exam Prep: Bank Exams

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