Questions

Q:

Identify a use of the isotope of uranium.

A) Fuel in nuclear reactors B) Treatment of goitre
C) Treatment of cancer D) Fuel in aeroplanes
 
Answer & Explanation Answer: A) Fuel in nuclear reactors

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units B) 4500 units
C) 10500 units D) 6000 units
 
Answer & Explanation Answer: D) 6000 units

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Filed Under: Indian Economy
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Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist B) Socialist
C) Mixed D) Both Capitalist and Socialist
 
Answer & Explanation Answer: A) Capitalist

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Filed Under: Indian Economy
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Q:

In August 2017, RBI announced to transfer approximately how much amount for the Financial Year 2016-17 as a dividend to the Government?

A) Rs 30,659 crore B) Rs 50,650 crore
C) Rs 60,659 crore D) Rs 70,659 crore
 
Answer & Explanation Answer: A) Rs 30,659 crore

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Filed Under: Indian Politics
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Q:

Insure payment of minimum wages for tea leave pickers

A) will improve quality of tea. B) will reduce unemployment of tea leave pickers.
C) decreases unemployment. D) will increase picking cost for all tea companies.
 
Answer & Explanation Answer: D) will increase picking cost for all tea companies.

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Filed Under: Indian Economy
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Q:

Which one of the following derives nutrition from plants as a parasite?

A) Malaria Parasite B) Lice
C) Bryophyllum D) Cuscuta
 
Answer & Explanation Answer: D) Cuscuta

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Filed Under: Biology
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Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good B) normal good
C) exclusive good D) inferior good
 
Answer & Explanation Answer: D) inferior good

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Filed Under: Indian Economy
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Q:

Recession is ___________.

A) reduction in production and employment for want of sufficient demand for goods B) rise in the cost of production, especially because of wage increase
C) increase in money supply without a matching increase in production D) No option is correct
 
Answer & Explanation Answer: A) reduction in production and employment for want of sufficient demand for goods

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Filed Under: Indian Economy
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