Q:

The demand for a normal good increases with ________ in the consumer's income.

A) increase	B) decrease
C) constant	D) double

Answer & Explanation Answer: A) increase

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What was the Gross Domestic Product (GDP) for India in 2016-17 Financial Year?

A) 6.10%	B) 7.10%
C) 8.10%	D) 6.70%

Answer & Explanation Answer: B) 7.10%

Explanation:

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Q:

Which law states that bad money drives good money out of circulation?

A) Wagner's law	B) Grimm's law
C) Gresham's law	D) Keynes' law

Answer & Explanation Answer: C) Gresham's law

Explanation:

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Q:

The determinants of aggregate supply -

A) Capital stock	B) Wages
C) Technology	D) All of the above

Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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Exam Prep: Bank Exams , CAT

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Q:

Which is the form of market where there is lack of competition?

A) Monopoly	B) Oligopoly
C) Perfect competition	D) Marketisation

Answer & Explanation Answer: A) Monopoly

Explanation:

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Q:

Pancreatic juice require which medium for their action?

A) Acidic	B) Basic
C) Neutral	D) All option are correct

Answer & Explanation Answer: B) Basic

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following vitamins help in the absorption of calcium?

A) Vitamin A	B) Vitamin D
C) Vitamin B	D) Vitamin C

Answer & Explanation Answer: B) Vitamin D

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The Typhoon named 'Goni' has recently hit which country?

A) Philippines	B) United States of America
C) Indonesia	D) Australia

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