Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45	B) 0.55
C) 2	D) 1.25

Answer & Explanation Answer: B) 0.55

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

India-born Leo Varadkar became the Prime Minister of which of the following countries?

A) Sri Lanka	B) Scotland
C) South Africa	D) Ireland

Answer & Explanation Answer: D) Ireland

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

What is the name of the book in Harry Potter series written by Jack Thorne to be published in mid - 2016?

A) Harry Potter and the Cursed Child	B) Harry Potter and the Deathly Hallows
C) Fantastic Beasts and Where to Find Them	D) The Tales of Beedle the Bard

Answer & Explanation Answer: A) Harry Potter and the Cursed Child

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

The Gobi Desert is one of the largest deserts on Earth. A part of it lies in which of the following countries?

A) Australia	B) Saudi Arabia
C) Mongolia	D) Madagascar

Answer & Explanation Answer: C) Mongolia

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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers	B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous.	D) Buyers and sellers in the market are assumed to have perfect information.

Answer & Explanation Answer: B) Average total costs continually decrease.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Rajaji National Park is in ___.

A) Tamil Nadu	B) Uttarakhand
C) Karnataka	D) Kerala

Answer & Explanation Answer: B) Uttarakhand

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which of the following is the main thinking part of the human brain?

A) Hind-brain	B) Cerebellum
C) Mid-brain	D) Fore-brain

Answer & Explanation Answer: D) Fore-brain

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In human body, vertebrae are part of ___.

A) Intestine	B) Liver
C) Spinal cord	D) Brain

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