Questions

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
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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
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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 scenario _________________ dramatically today. We have the ___________________ of powerful Internet monopolies that are much bigger ________________ the telcos. Not surprisingly, these companies now see the _______________ of monopoly. They would like to combine with telcos to create monopolies for their platforms, ensuring that they control the future of the Internet and freeze their competition ____________.


future of the Internet and freeze their competition ____________.

A) off B) about
C) in D) out
 
Answer & Explanation Answer: D) out

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

 

My brother said, "I was not making a noise thus I did not disturb the neighbours."

A) My brother said that he had not been making a noise so he has not been disturbing the neighbours. B) My brother said that he was not making a noise so he had not disturbed the neighbours.
C) My brother said that was not making a noise so he has not disturbed the neighbours. D) My brother said that he had not been making a noise so he had not disturbed the neighbours.
 
Answer & Explanation Answer: D) My brother said that he had not been making a noise so he had not disturbed the neighbours.

Explanation:
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Filed Under: English
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Q:

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


The nation has been _____as a relatively extensive, territorial relation of nativity. We have further formulated the_____of the nation as a territorially_____, yet bounded, social relation for the generation, transmission, and ____of life. When the nation is a national state, it is also a_____for the protection of life. The nation is often ______by the metaphor of familial relations and, indeed, has sometimes been considered as some kind of_____family. This is understandable because both the nation and the family are relations of_____. Nonetheless, there is an important difference, and to understand this will _____a more detailed examination of the_____ between territory and bonding.


We have further formulated the _____ of the nation

A) profession B) purpose
C) proposition D) purport
 
Answer & Explanation Answer: B) purpose

Explanation:
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Filed Under: English
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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: The main cause of global warming is the human being's careless activities.
Q: There are many causes of the global warming which affects human lives and health in many aspects.
R: Fossil fuels burning for many reasons are highly responsible to increase global warming.
S: Ever increasing human population is demanding more resources to live easy and healthy life such as land to live and for crop cultivation, technological growth for comfort and to deal with increasing temperature of atmosphere, etc.

A) QPSR B) PQSR
C) RPQS D) SPQR
 
Answer & Explanation Answer: A) QPSR

Explanation:
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Filed Under: English
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Q:

In the following question, out of the four alternatives, choose the alternative which best expresses the meaning of the idiom/Phrase.

 

Turn over a new leaf

 

A) change ones behaviour for the better. B) read between the pages of a book.
C) do a somersault D) do a new job.
 
Answer & Explanation Answer: A) change ones behaviour for the better.

Explanation:
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Q:

What is the accepted average Calorie requirement for rural area in India?

A) 2100 B) 2200
C) 2300 D) 2400
 
Answer & Explanation Answer: D) 2400

Explanation:
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Filed Under: General Science
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