Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45	B) 0.55
C) 2	D) 1.25

Answer & Explanation Answer: B) 0.55

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition	B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition	D) (a) Oligopoly, (b) Pure Monopoly

Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following brings out the 'Consumer Price Index Number' for Industrial workers?

A) RBI	B) The Labour Bureau
C) Commerce Department	D) NITI Ayog

Answer & Explanation Answer: B) The Labour Bureau

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Filed Under: Indian Economy
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Q:

Rajaji National Park is in ___.

A) Tamil Nadu	B) Uttarakhand
C) Karnataka	D) Kerala

Answer & Explanation Answer: B) Uttarakhand

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

To which class does Oxyreductases, transferases, hydrolases belong?

A) Hormones	B) Enzymes
C) Proteins	D) Vitamins

Answer & Explanation Answer: B) Enzymes

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Filed Under: Biology
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Q:

WHICH OF THE FOLLOWING IS not A RENEWABLE SOURCE OF ENERGY?

A) Wind energy	B) Geothermal energy
C) Energy from fossils	D) Solar energy

Answer & Explanation Answer: C) Energy from fossils

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Why does a piece of cloth, which appears green in sunlight, appear black when it is viewed under red light?

A) The cloth completely absorbs red colour wavelength	B) It is due to refraction
C) It is the effect of scattering of light	D) It is due to Parallax error

Answer & Explanation Answer: A) The cloth completely absorbs red colour wavelength

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

If a ball is thrown vertically upwards with a velocity of 40 m/s, then what will be the magnitude of its displacement after 6 s?

A) 80 m	B) 40 m
C) 60 m	D) 20 m

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