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.

Explanation:

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50%	B) 8%
C) 10%	D) 15%

Answer & Explanation Answer: A) 12.50%

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

A) Monthly	B) Half-yearly
C) Quarterly	D) Bi-Monthly

Answer & Explanation Answer: C) Quarterly

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Accumulation of which one of the following in the leads to cramp?

A) Lactic acid	B) Ethanol
C) Pyruvic acid	D) Glucose

Answer & Explanation Answer: A) Lactic acid

Explanation:

Muscle cramping is a common problem encountered by athletes and non athletes alike. Defined as painful involuntary skeletal muscle contractions, cramps may be categorized as either non exercise related or exercise related. Traditionally, such cramping was believed to arise from dehydration, electrolyte imbalances (including magnesium, potassium and sodium),accumulation of lactic acid, or low cellular energy levels.

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In June 2017, who has become the first local body in the country to issue ‘municipal bonds’ in nearly one and a half decade?

A) Municipal Corporation of Mumbai	B) Municipal Corporation of Pune
C) Municipal Corporation of Delhi	D) Municipal Corporation of Kolkata

Answer & Explanation Answer: B) Municipal Corporation of Pune

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

6,11,21,36,56,?

A) 42	B) 51
C) 81	D) 91

Answer & Explanation Answer: C) 81

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams

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Q:

A high jumper runs for a while before taking a high jump so that the inertia of __ helps him take the long jump.

A) rest	B) shape
C) motion	D) direction

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