Q:

A company faces a -2.5 price elasticity of demand for its product. It is presently selling 10,000 units/month. If it wants to increase quantity sold by 6%, it must lower its price by

A) 3.50%	B) 15%
C) 2.50%	D) 2.40%

Answer & Explanation Answer: D) 2.40%

Explanation:

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

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Q:

Buyer’s market denotes the place where ___________.

A) the demand exceed the supply	B) the supply exceed the demand
C) commodities are available at competitive rates	D) the demand and supply are well balanced

Answer & Explanation Answer: A) the demand exceed the supply

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The radius of curvature of a concave mirror is 30 cm. Following Cartesian Sign Convention, its focal length is expressed as

A) -30 cm	B) -15 cm
C) +30 cm	D) +15 cm

Answer & Explanation Answer: B) -15 cm

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

BrahMos Aerospace is a joint venture company set up by Russia's Mashinostroyeniya and which other company of India?

A) ISRO	B) HAL
C) BHEL	D) DRDO

Answer & Explanation Answer: D) DRDO

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

What is the meaning of an ECOTONE?

A) ECOTONE is where two biomes meet	B) It's an area with low survival for species
C) An area with limited Flora and Fauna	D) An area with high biomass production

Answer & Explanation Answer: A) ECOTONE is where two biomes meet

Explanation:

An ecotone is a transition area between two biological communities, where two communities meet and integrate.

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

SIDO is related to the development of

A) Small industries	B) Steel Industry
C) Soap Industry	D) Sugar Industry

Answer & Explanation Answer: A) Small industries

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which new definition was included in the Motor Vehicles Act, 2019?

A) Electric vehicles	B) Cargo vehicles
C) Medical vehicles	D) Aggregators

Answer & Explanation Answer: D) Aggregators

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In Microsoft Word, font, font style, size, font color etc. are options of _____________

A) Character formatting	B) Paragraph formatting
C) Sentence formatting	D) Font formatting

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