Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent	B) 7.8 percent
C) 10.2 percent	D) 10 percent

Answer & Explanation Answer: A) 7.5 percent

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The international trade effect states that

A) an increase in the price level will lower net exports.	B) an increase in the price level will raise exports.
C) an increase in the price level will raise net exports.	D) an increase in the price level will lower imports

Answer & Explanation Answer: A) an increase in the price level will lower net exports.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Who is the author of the Indian English Novel 'When Dimple Met Rishi' published in 2017?

A) Chetan Bhagat	B) Rahul Mehta
C) Sandhya Menon	D) Nidhi Chanani

Answer & Explanation Answer: C) Sandhya Menon

Explanation:

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

Who among the following was honoured with the IAAF male Athlete of year Award for 2017 at a award ceremony in Monaco in November 2017?

A) Mutaz Essa Barshim	B) Usain Bolt
C) Mo Farah	D) Wayde van Niekerk

Answer & Explanation Answer: A) Mutaz Essa Barshim

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run.	B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time.	D) tends to be larger in the short run than in the long run.

Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What temperature does bacteria grow quickest at

A) 40°F and 140°F	B) 14°C and 90°C
C) 80°F and 140°F	D) None

Answer & Explanation Answer: A) 40°F and 140°F

Explanation:

Most bacteria will grow rapidly between 4°C and 60°C (40°F and 140°F).

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

T cell activation requires

A) T cell receptor (TCR)	B) PTK function
C) APC	D) All the above

Answer & Explanation Answer: A) T cell receptor (TCR)

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which one is not the cause of kidney stone formation?

A) Drinking more water	B) Diabetic mellitus
C) Taking nuts rich in oxalate	D) Eating lot of stone forming foods

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