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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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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Exam Prep: Bank Exams

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Q:

How are elements arranged in the Modern Periodic Table?

A) In the increasing order of their Molecular Mass	B) In the increasing order of their Atomic Mass
C) In the increasing order of their Atomic Number	D) In the increasing order of their Mass Number

Answer & Explanation Answer: B) In the increasing order of their Atomic Mass

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

There are 15 protons and 22 neutrons in the nucleus of an element. What is its mass number?

A) 22	B) 7
C) 37	D) 15

Answer & Explanation Answer: C) 37

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following is not correct?

A) Members of Chlorophyceae are commonly called green algae	B) Members of Phaeophyceae are commonly called red algae
C) Members of Rhodophyceae are commonly called red algae	D) Members of Phaeophyceae are commonly called brown algae

Answer & Explanation Answer: B) Members of Phaeophyceae are commonly called red algae

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

If Reserve Bank of India reduces the cash reserve ratio, it will :

A) increase credit creation	B) decrease credit creation
C) have no impact on credit creation	D) have no definite impact on credit creation

Answer & Explanation Answer: A) increase credit creation

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Q:

If a country devalues its currency, its _______________

A) Exports become cheaper and imports become costlier	B) Exports become costlier and imports become cheaper.
C) Exports value is equivalent to imports value	D) No effect on exports and imports

Answer & Explanation Answer: A) Exports become cheaper and imports become costlier

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Exam Prep: Bank Exams

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Q:

In 2015, the United Nations Climate Change Conference was held at -

A) Paris	B) Doha
C) Montreal	D) Copenhagen

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