Questions

Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus D) Rs 8000 worth of producer surplus
 
Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

As it relates to international trade, dumping

A) is the practice of selling goods in a foreign market at less than cost. B) is a form of price discrimination illegal under U.S. antitrust laws.
C) is defined as selling more goods than allowed by an import quota. D) constitutes a general case for permanent tariffs.
 
Answer & Explanation Answer: A) is the practice of selling goods in a foreign market at less than cost.

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Filed Under: Indian Economy
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'.

 

As with people, some monkeys are lazy, (1)/ like those who sleep all day in the zoo, (2)/ and some were industrious. (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:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Keep at bay

 

A) Keep your loved ones protected even when they are faced with problems B) To control something and prevent it from causing you problems
C) Hide your precious stuff D) Be alert at all times
 
Answer & Explanation Answer: B) To control something and prevent it from causing you problems

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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.

 

Left to itself, then, attention _____________ obeys natural laws and follows the line of least resistance. _______________ far the larger portion of our attention is of this type. Thought often runs on hour after hour when we are neither conscious of effort _____________ struggle to compel us to cease thinking about this thing and begin thinking about _________. Indeed, it may be doubted ___________ this is not the case with some persons for days at a time, instead of hours. The things that present themselves to the mind are the things which occupy it; the character of the thought is determined by the character of our interests.

 

Left to itself, then, attention _____________ obeys natural laws

 

A) simple   B) simply  
C) simplification   D) simplicity
 
Answer & Explanation Answer: B) simply  

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

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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.

 

Evil twin

 

A) Getting punished for the deeds of another person who is just like you B) An imaginary double humorously invoked to explain or excuse uncharacteristic or reprehensible behaviour
C) When two people are alike then one will be good and the other evil D) To show behaviour which randomly switches between good and evil
 
Answer & Explanation Answer: B) An imaginary double humorously invoked to explain or excuse uncharacteristic or reprehensible behaviour

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Filed Under: English
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'.

 

She kind (1)/ treated the (2)/ wounded street dog. (3)/ No error (4)

 

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

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Filed Under: English
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Q:

A particle experiences constant acceleration for 20 s after starting from rest. If it travels a distance X1, in the first 10 s and distance X2 in the remaining 10 s, then which of the following is true?

 

A) X2 = 2X1 B) X1 = 3X2
C) X2 = X1 D) X2 = 3X1
 
Answer & Explanation Answer: D) X2 = 3X1

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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