Questions

Q:

Where will be the Jai Bhawani women's cooperative textile mill (Asia's first Solar Power-Enabled Textile Mill) set up?

A) Maharashtra B) Chennai
C) Bengaluru D) Kanpur
 
Answer & Explanation Answer: A) Maharashtra

Explanation:

Jai Bhawani women's cooperative textile mill which is set to come up at Parbhani, Maharashtra will be the first Textile Mill in Asia which will operate on Solar Power.

 

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases. B) buy more of a good as the price of the good falls.
C) will spend all of their money on something. D) want more of everything even if they have no money to buy anything.
 
Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

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

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Q:

If demand curve for racing cycles is D = 80200 ­ 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units B) 31220 units
C) 8750 units D) 41720 units
 
Answer & Explanation Answer: D) 41720 units

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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
Exam Prep: Bank Exams

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Q:

"Residex Index" is associated with which of these?

A) Share Prices B) Mutual Fund Prices
C) Price Inflation Index D) Housing Prices
 
Answer & Explanation Answer: D) Housing Prices

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

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Q:

Long run growth in GDP is determined by

A) Capital stocks B) Labour force
C) Both 1 & 2 D) None
 
Answer & Explanation Answer: C) Both 1 & 2

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Madhubani painting style is native to which state?

A) Orissa B) Andhra Pradesh
C) Bihar D) Madhya Pradesh
 
Answer & Explanation Answer: C) Bihar

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

A piece of paper is folded and cut as shown below in the question figures. From the given answer figures, indicate how it will appear when opened.

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

Explanation:
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