Questions

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

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Q:

In April 2017, Agriculture Ministry Unveiled Model APMC Act. The new Act proposes to put a Cap on Mandi taxes at what rate (in percent) for food grain?

A) 5 B) 1
C) 2.5 D) 8
 
Answer & Explanation Answer: B) 1

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The Shanti Swarup Bhatnagar Prize is annually awarded for outstanding achievement in which area?

A) Science and Technology B) Indian Classical Music
C) Tribal Art Forms D) Literature
 
Answer & Explanation Answer: A) Science and Technology

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

What does IMF stand for?

A) International Monetary Fund B) Indian Money Fund
C) International Machine Federation D) Institute of Monetary Finance
 
Answer & Explanation Answer: A) International Monetary Fund

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

When electricity is passed through an aqueous solution of Sodium Chloride (brine), it decomposes to form.

 

A) NaOH + H2 + Cl2 B) NaOH + H2 + O2
C) NaOH + HCl + H2 D) NaOH + H2 + N2
 
Answer & Explanation Answer: A) NaOH + H2 + Cl2

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

For dilution of a concentrated acid, we should add:

A) water into the diluted acid B) water into the concentrated acid
C) first water into the acid and then more acid into the water D) concentrated acid into water
 
Answer & Explanation Answer: B) water into the concentrated acid

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

___ is not related to gases.

A) Boyle's Law B) Joule's Law
C) Avogadro's Law D) Charle's Law
 
Answer & Explanation Answer: B) Joule's Law

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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