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Q:

Which   one   of   the   following   is   not   a component  of  Revenue  Receipts  of  the Union Government?

A) Corporate tax receipts B) Dividends and profits
C) Disinvestment receipts D) Interest receipts
 
Answer & Explanation Answer: C) Disinvestment receipts

Explanation:

Revenue    receipts    are    regular source of Government of India, but Disinvestment   receipts   are   not regular    source    of    Income    of Government  and  all  other  given are regular

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The determinants of aggregate supply -

A) Capital stock B) Wages
C) Technology D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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

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Q:

If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is ­3.2 findmP1?

A) Rs 85 B) Rs 80
C) D) Rs 95
 
Answer & Explanation Answer: B) Rs 80

Explanation:
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Filed Under: Indian Economy
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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

Explanation:
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Filed Under: Indian Economy
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Q:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

Explanation:
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Filed Under: Indian Economy
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Q:

Which component of the blood transports food, CO2 and nitrogenous waste?

A) WBCs B) Blood platelets
C) RBCs D) Plasma
 
Answer & Explanation Answer: D) Plasma

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Who is the Vice Chairperson of NITI Aayog ?

A) Dr. Bibek Debroy B) Dr. V.K. Saraswat
C) Dr. Arvind Panagariya D) Arun Jaitley
 
Answer & Explanation Answer: C) Dr. Arvind Panagariya

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What does the term 'Ebola' stand for?

A) A viral disease outbreak in West Africa B) A viral disease outbreak in Bangladesh
C) A city in Syria destroyed by ISIS D) None of the these
 
Answer & Explanation Answer: A) A viral disease outbreak in West Africa

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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