Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent	B) 7.8 percent
C) 10.2 percent	D) 10 percent

Answer & Explanation Answer: A) 7.5 percent

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The production possibilities curve illustrates the basic principle that

A) an economy's capacity to produce increases in proportion to its population size.	B) the production of more of any one good will in time require smaller and smaller sacrifices of other goods.
C) an economy will automatically seek that level of output at which all of its resources are employed.	D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

Answer & Explanation Answer: D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which one of the following elements has the lowest atomic mass?

A) Lithium	B) Nitrogen
C) Hydrogen	D) Helium

Answer & Explanation Answer: C) Hydrogen

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following salts is acidic in nature?

A) Sodium Carbonate	B) Ammonium Phosphate
C) Magnesium Sulphate	D) Sadium Acetate

Answer & Explanation Answer: A) Sodium Carbonate

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

A girl child has which of the following combinations of chromosomes in her cells?

A) 44 autosomes + XX	B) 22 autosomes + XX
C) 44 autosomes + XY	D) 22 autosomes + XY

Answer & Explanation Answer: A) 44 autosomes + XX

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

Clement

A) Irritate	B) Cold
C) Clingy	D) Mild

Answer & Explanation Answer: D) Mild

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

Extant

A) Extinct	B) Present
C) Immediate	D) Around

Answer & Explanation Answer: A) Extinct

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

Importune

A) Appeal	B) Important
C) Imply	D) Purchase

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