Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus	B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus	D) Rs 8000 worth of producer surplus

Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1020

Q:

Which of the following meals is NOT obtained by reduction using carbon?

A) Copper	B) Sodium
C) Iron	D) Zinc

Answer & Explanation Answer: B) Sodium

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

1 1020

Q:

Who decides the Minimum Support Price (MSP) for agricultural crops in India?

A) Ministry of Agriculture	B) NABARD
C) Commission on Agriculture Cost and Price (CACP)	D) Ministry of Commerce

Answer & Explanation Answer: C) Commission on Agriculture Cost and Price (CACP)

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1019

Q:

Who is the Author of the book "You are the Best Wife: A True Love Story"?

A) Durjoy Datta	B) Savi Sharma
C) Ajay K Pandey	D) Preeti Shenoy

Answer & Explanation Answer: C) Ajay K Pandey

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Filed Under: Books and Authors
Exam Prep: Bank Exams

0 1019

Q:

The World Health Organization (WHO) has collaborated with which company to distribute Covid vaccines under Covax alliance?

A) Roche	B) Pfizer
C) Merck	D) Johnson & Johnson

Answer & Explanation Answer: B) Pfizer

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Filed Under: General Awareness
Exam Prep: Bank Exams

1 1019

Q:

Who is the current chairman of All India Council for Technical Education (AICTE)?

A) Anil Sahasrabudhe	B) Najma Heptulla
C) Pritam Singh	D) Srikant Datar

Answer & Explanation Answer: A) Anil Sahasrabudhe

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 1019

Q:

Who is the Home Minister of India as of February 2018?

A) Rajnath Singh	B) Sushma Swaraj
C) Narendra Modi	D) Arun Jaitley

Answer & Explanation Answer: A) Rajnath Singh

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 1018

Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units	B) 90 units
C) 60 units	D) 50 units

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