Questions

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

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Q:

_______________________ is the unemployment which exists in any economy due to people being in the process of moving from one job to another.

A) Seasonal unemployment B) Cyclical unemployment
C) Frictional unemployment D) Structural unemployment
 
Answer & Explanation Answer: C) Frictional unemployment

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Filed Under: Indian Economy
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Q:

In October 2017, who launched ‘Sampoorna Bima Gram (SBG) Yojana’, which aims to expand the clientele base of postal life Insurance?

 

A) Manoj Sinha B) Jayant Sinha
C) Arun Jaitley D) Suresh Prabhu
 
Answer & Explanation Answer: A) Manoj Sinha

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which of the following statements is true with respect to Glucometer?

A) It is a medical device B) It is a non-medical device
C) It is used to measure oxygen level in the air D) It is used to measure nitrogen level in the air
 
Answer & Explanation Answer: A) It is a medical device

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

Credit when used responsibly, can achieve a great number (1)/ of positive things in our lives, such as (2)/ financing and paying of our dream hybrid or college tuition fees. (3)/ No error (4)

 

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

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Filed Under: English
Exam Prep: Bank Exams

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Q:

A study published in PLOS Medicine found that obesity was the cause of 1 in 10 deaths in the United States. Also, obesity was the third-leading cause of death in men and women, after high blood pressure and smoking. Hence, many doctors believe that it’s high time obesity be placed in the category of serious diseases as it not only decreases life expectancy but also impairs the normal functioning of the body.
Which of the following statements, if true, undermines the given argument?

A) Extreme obesity can shorten a person's life span by 10 years. B) Obesity is the result of eating of too much and of a sedentary lifestyle and cannot be defined as a disease per se.
C) Obesity can be a genetic disorder such as sickle-cell anemia and Tay- Sachs, which are classified as diseases. D) The Food and Drug Administration, the American Heart Association, the American College of Cardiology, and the Obesity Society, the National Heart, Lung, and Blood Institute, and the American College of Gastroenterology have i
 
Answer & Explanation Answer: B) Obesity is the result of eating of too much and of a sedentary lifestyle and cannot be defined as a disease per se.

Explanation:

The given argument states that obesity should be categorized as a serious disease as it is known to decrease life expectancy and to harm the normal functioning of the body just like any other life-threatening disease. Option B undermines the argument by pointing out that obesity is mostly a lifestyle problem and not a disease. Compared to 40 years ago, people today spend more time commuting, sitting in front of a computer, watching television, playing video games, and generally exercising less, and end up burning fewer calories. Hence, option 2 is the correct answer.

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Q:

In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?

A) Food processing B) Petro-chemical
C) Chemicals other than fertilizers D) Telecommunications
 
Answer & Explanation Answer: D) Telecommunications

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Filed Under: Indian Economy
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Q:

Expenses are recognized when

A) they are paid. B) they contribute to the production of revenue.
C) the invoice is received. D) they are billed by the supplier.
 
Answer & Explanation Answer: B) they contribute to the production of revenue.

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

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