Questions

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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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
 
Answer & Explanation Answer: C) 60 units

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Q:

Which of the following is considered a "diversified" investment?

A) Index Fund B) Mutual Fund
C) Both of these D) Neither of these
 
Answer & Explanation Answer: C) Both of these

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Q:

Name the organ where the embryo develops:

A) Ureter B) Uterus
C) Cervix D) Fallopian tube
 
Answer & Explanation Answer: B) Uterus

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

In the following question, from the given alternative words, select the word which cannot be formed using the letters of the given word.
Improvement

A) Rope B) Trim
C) Important D) Prove
 
Answer & Explanation Answer: C) Important

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Q:

In the following question, one or two statement(s) is/are given followed by two conclusions/assumptions, I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions/assumptions can definitely be drawn from the given statement. Indicate your answer.

 

Statement: Some kings are queens. All queens are beautiful .

Conclusions:I­ All kings are beautiful.

Conclusions:II­ All queens are kings

A) Only conclusion I follows B) Only conclusion II follows
C) Either conclusion I or II follows D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: D) Neither conclusion I nor conclusion II follows

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Q:

Which of the following organ does NOT belong to human excretory system?

A) Kidneys B) Ureters
C) Uterus D) Urethra
 
Answer & Explanation Answer: C) Uterus

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In October 2017, SEBI directed the stock exchanges to impose how much fine/penalty on those companies which do not comply with the minimum public shareholding norms?

A) Rs 5000 per day B) Rs 12,000 per day
C) Rs 15,000 per day D) Rs 20,000 per day
 
Answer & Explanation Answer: A) Rs 5000 per day

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