Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases.	B) buy more of a good as the price of the good falls.
C) will spend all of their money on something.	D) want more of everything even if they have no money to buy anything.

Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

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

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Q:

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

A) 8 percent	B) 12.5 percent
C) 10 percent	D) 15 percent

Answer & Explanation Answer: B) 12.5 percent

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Full employment is the level at which there is _____.

A) no frictional unemployment	B) no cyclical unemployment
C) no structural unemployment	D) no unemployment

Answer & Explanation Answer: B) no cyclical unemployment

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following are also known as Suicidal bag of Cells?

A) Lysosomes	B) Lycosome
C) Nucleus	D) Chromosome

Answer & Explanation Answer: A) Lysosomes

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Who appears on behalf of the Government of India in all cases in the Supreme Court in which Government of India is concerned?

A) Comptroller and Auditor General of India	B) Advocate General of State
C) Attorney General of India	D) Chief Election Commissioner of India

Answer & Explanation Answer: C) Attorney General of India

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following leaders formed 'India Home Rule Society'?

A) Shyamji Krishna Varma	B) Annie Besant
C) Lala Hardayal	D) Bal Gangadhar Tilak

Answer & Explanation Answer: A) Shyamji Krishna Varma

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Kakori train robbery was organized by the ___ in 1925.

A) Swaraj Party	B) Indian National Congress
C) Anushilan Samiti	D) Hindustan Republican Association

Answer & Explanation Answer: D) Hindustan Republican Association

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Pakistan is located in which part of Asia?

A) Southern Asia	B) Northern Asia
C) Eastern Asia	D) No option is correct

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