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Q:

If price of an article decreases from Rs P1 to Rs 190, when quantity demanded increases from 5000 units to 5200 units, and if point elasticity of demand is -0.8 find P1?

A) Rs 220 B) Rs 240
C) Rs 200 D) Rs 250
 
Answer & Explanation Answer: C) Rs 200

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

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

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

Identify the diagram that best represents the relationship among the given classes.
Country, State, City

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: D) 4

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Filed Under: Logical Venn Diagram
Exam Prep: Bank Exams

Q:

From the given alternative words, select the word which cannot be formed using the letters of the given word:
ECCENTRICITY

A) NIECE B) CREATE
C) TRINITY D) RETICENT
 
Answer & Explanation Answer: B) CREATE

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Filed Under: Logical Sequence of Words
Exam Prep: Bank Exams

Q:

A bullet of mass 10gm is fired with a velocity of 40 m/s from a gun of mass 8 kg. Find the recoil velocity (in m/s) of the gun.

A) 2 B) 0.1
C) 4 D) 0.05
 
Answer & Explanation Answer: D) 0.05

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Filed Under: Physics
Exam Prep: Bank Exams

Q:

In September 2017, “Pradhan Mantri Sahaj Bijli Har Ghar Yojna” was launched for giving electricity connections in rural and urban areas by ______.

A) March, 2019 B) December, 2018
C) March, 2018 D) October, 2018
 
Answer & Explanation Answer: B) December, 2018

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

When the productive capacity of the economic system of state is inadequate to create sufficient number of jobs, it is called _______

A) seasonal unemployment B) structural unemployment  
C) disguised unemployment   D) cyclical unemployment
 
Answer & Explanation Answer: D) cyclical unemployment

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives.


The flora and fauna of Cubbon Park captures our attention more than anything else. But when you take time to look closely at the statue, you will marvel at its sheer grandeur. Sculpted by Sir Thomas Brock, the 11 feet high marble statue is larger than life. It brings out the personality of Queen Victoria, who had been the Monarch of Great Britain from 1837 till 1901, depicting a rather proud, stern person with pronounced features.

In 1906, the statue was unveiled in the city by George Frederick Ernest Albert, Prince of Wales and Duke of Cornwall and York, making it stand in all its glory in its 111th year. Even though there is a wealth of history to the statue, and it was made to appear imposing, the busy Bengalureans would probably refer to it as just another landmark. As the workers are busy in discussion on the instructions given to them, life continues as usual in the Park.


Which of the following is false regarding the Queen Victoria statue in Bengaluru?

A) It is made of marble B) It is 11 feet tall
C) It is 111 years old D) It is standing in Queen Victoria park
 
Answer & Explanation Answer: D) It is standing in Queen Victoria park

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Filed Under: English
Exam Prep: Bank Exams