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Q:

The price elasticity of supply measures how

Answer

The price elasticity of supply measures how the responsiveness of the quantity demanded of a commodity to changes it its prices; defined as the percentage change in quantity demanded divided by the percentage change in price.

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Subject: Business Awareness Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which country has decided to withdraw its membership from OPEC as of January 2019?

A) Kuwait B) Iraq
C) Venezuela D) Qatar
 
Answer & Explanation Answer: D) Qatar

Explanation:

Qatar country has decided to withdraw its membership from OPEC as of January 2019. The OPEC is The Organization of the Petroleum Exporting Countries founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization.

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

A sentence/a part of the sentence is underlined. Four alternatives are given to the underlined part which will improve the sentence. Choose the correct alternative and click the button corresponding to it. In case no improvement is needed, click the button corresponding to "No improvement".

I and my parents live together.

A) Me and my parents B) My parents and I
C) My parents and me D) No improvement
 
Answer & Explanation Answer: B) My parents and I

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

A sentence/a part of the sentence is underlined. Four alternatives are given to the underlined part which will improve the sentence. Choose the correct alternative and click the button corresponding to it. In case no improvement is needed, click the button corresponding to "No improvement".

I have still to meet a person who is perfectly satisfied with his job.

A) would meet B) am yet to meet
C) might still meet D) No improvement
 
Answer & Explanation Answer: B) am yet to meet

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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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.

 

Too many Chiefs and not enough Indians.

A) a proud gathering B) an inefficient situation
C) an anti-national meeting D) a top-level meeting
 
Answer & Explanation Answer: B) an inefficient situation

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.


The public sector banks are witnessing in india a period of transition and are at crossroads, where they without giving up social responsibility, should also remain healthy. They need to undertake risky experiments yet perform it innovatively in a way it does not fail. They should make forays into new areas which are rarely tread by them and lose no emerging opportunities. It should be understood that absence of any bad advance is no sign of efficient banking system. It only indicates immense conservatism. However this is no guarantee for profit. There should be a balance between liquidity and risk. Past sins should be forgotten. Novel and pragmatic techniques should be adopted without which banks would be in danger.

 

What would happen if novel and pragmatic techniques are ignored?

A) It will put the banks in danger. B) It will undermine the banks social commitment.
C) It will reveal the untapped talent. D) It will result in inefficient portfolio management.
 
Answer & Explanation Answer: A) It will put the banks in danger.

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 Active/Passive voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.

 

I applied band-aid to the wound.

A) To my wound I applied my Band-aid by myself. B) Band-aid by myself would be applied to the wound.
C) Application of the Band-aid to the wound was done my me. D) Band-aid was applied by me to the wound.
 
Answer & Explanation Answer: D) Band-aid was applied by me to the wound.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , CAT , GRE , TOEFL

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Q:

What is Sales Order (SO)?

Answer

The Sales Order is a confirmation document sent to the customers before delivering the goods or services. 


Sales Order (SO) can be created once the quote is accepted by your prospective customer and the Purchase Order (PO) is sent by the customer for further processing.

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Subject: Marketing and Sales Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank PO

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