Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good	B) normal good
C) exclusive good	D) inferior good

Answer & Explanation Answer: D) inferior good

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 922

Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers	B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous.	D) Buyers and sellers in the market are assumed to have perfect information.

Answer & Explanation Answer: B) Average total costs continually decrease.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 921

Q:

Select the missing number from the given alternatives

A) 19	B) 22
C) 26	D) 25

Answer & Explanation Answer: D) 25

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Filed Under: Verbal Reasoning - Mental Ability

0 921

Q:

Mechanical energy is equal to

A) Kinetic energy + Chemical energy	B) Kinetic energy + Potential energy
C) Kinetic energy + Heat energy	D) Kinetic energy + Electrical energy

Answer & Explanation Answer: B) Kinetic energy + Potential energy

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Filed Under: Physics
Exam Prep: Bank Exams

1 920

Q:

Which of the following Newton's laws of motion can explain why a ball thrown at a wall rebounds?

A) 1st law of motion	B) 2nd law of motion
C) 3rd law of motion	D) Neither of the laws

Answer & Explanation Answer: C) 3rd law of motion

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

0 920

Q:

Which is the most important factor that determines whether advertising by manufacturing sector will lead to higher sales?

A) Demand is elastic	B) Demand is inelastic
C) The product can be differentiated	D) The product can be homogenous.

Answer & Explanation Answer: C) The product can be differentiated

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 920

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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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 919

Q:

What is the sum of the measures of all the interior angles of a regular polygon of 9 sides?

A) 1260	B) 1440
C) 1800	D) 2340

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