Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive	B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative	D) both B & C

Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1641

Q:

If price of an article decreases from Rs P1 to Rs 190, when quantity demanded increases from 5000 units to 5200 units, and if point elasticity of demand is -0.8 find P1?

A) Rs 220	B) Rs 240
C) Rs 200	D) Rs 250

Answer & Explanation Answer: C) Rs 200

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Scuttle

A) Solitary	B) Superficial
C) Soothing	D) Brazier

Answer & Explanation Answer: D) Brazier

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The _____ of energy in India are met from both commercial and non commercial sources. The most _____ sources of energy today are coal and natural gas, hydro
electricity and nuclear power. On the other hand, firewood, cow-dung cakes and vegetable waste etc. _____ non commercial forms of energy. While non commercial
forms of energy _____ demand, coal is the _____ source of commercial energy in India.

and non commercial sources. The most _____ sources of energy today are coal and natural gas

A) vital	B) insignificant
C) important	D) expensive

Answer & Explanation Answer: C) important

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 1640

Q:

Nalanda Mahavihara site is in

A) Rajasthan	B) Assam
C) Bihar	D) Gujarat

Answer & Explanation Answer: C) Bihar

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

The plant growth regulators are small, simple molecules of diverse chemical composition. They are

A) carbohydrates, fats and proteins	B) indole compounds, adenine derivatives, carotenoids and terpenes
C) fatty acids, glucose and vitamins	D) vitamin C, vitamin D and glucose

Answer & Explanation Answer: B) indole compounds, adenine derivatives, carotenoids and terpenes

Explanation:

The plant growth regulators are small, simple molecules of diversechemical composition. They can be in form of indole compounds, adenine derivatives, carotenoids derivatives,terpenes or gases like ethyleneetc.The plant growth regulators are bifurcated into two groups according to their functions in a living plant body.First group of plant growth regulators are found in growth activities, for instance, cell division, flowering, fruiting and seed formation.The second group of Plant growth regulators are involved in plant responses to wounds and stresses of biotic and abiotic origin.

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The warm and cold ocean currents are caused by

A) Prevailing winds	B) Earth's rotation
C) Variations in density of sea water	D) All of these

Answer & Explanation Answer: D) All of these

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which of the following is India's highest award in cinema given annually by the Government of India for lifetime contribution to Indian cinema?

A) Ashok Chakra	B) Dada Saheb Phalke Awards
C) Arjuna Award	D) Padma Shri

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