Questions

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
Exam Prep: Bank Exams

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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

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Filed Under: Indian Economy
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Q:

The formed elements in the blood are

A) Erythrocytes B) Leucocytes
C) Thrombocytes D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

The formed elements are so named because they are enclosed in a plasma membrane and have a definite structure and shape.

 

The formed elements in the blood are Erythrocytes (RBC's), Leukocytes (WBC's) and Thrombocytes (Platelets).

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Filed Under: Biology
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.

 

Business is for profits and the spirit of __________________ and driving high performance are encouraged in a ______________ environment. Also, in a democratic country like India, perceived _______________ in the distribution of earnings or wealth is crucial to hold the fabric of its society, be it the citizens __________ the country or employees of a corporation. The evolution of compensation practices in India over the ____________ five decades demonstrates the changes that have taken place.

 

India over the ____________ five decades

 

A) lastly B) lasting
C) at last D) last
 
Answer & Explanation Answer: D) last

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Filed Under: English
Exam Prep: Bank Exams

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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India B) IDBI Bank
C) United Bank of India D) Indian Bank
 
Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Filed Under: General Awareness

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Q:

Which among the following is true for the Supreme Court of India ?

A) Federal Court B) Court of Appeal
C) Guardian of the Constitution D) All of these
 
Answer & Explanation Answer: D) All of these

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Gandhiji's 'Satyagraha' meant an attachment to the following two elements

A) Knowledge and religion B) Truth and non-violence
C) Truth and chastity D) Love of motherland and hate for colonial masters
 
Answer & Explanation Answer: B) Truth and non-violence

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Filed Under: Indian History

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Q:

In the following question, four groups of three numbers are given. In each group the second and third number are related to the first numberby a Logic/Rule/Relation. Three are similar on basis of same Logic/Rule/Relation. Select the odd one.

A) (44, 42, 36) B) (56, 54, 48)
C) (38, 36, 32) D) (64, 62, 56)
 
Answer & Explanation Answer: C) (38, 36, 32)

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