Q:

If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is 3.2 findmP1?

A) Rs 85	B) Rs 80
C)	D) Rs 95

Answer & Explanation Answer: B) Rs 80

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55	B) 1.66
C) 0.25	D) 1.22

Answer & Explanation Answer: D) 1.22

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which is the form of market where there is lack of competition?

A) Monopoly	B) Oligopoly
C) Perfect competition	D) Marketisation

Answer & Explanation Answer: A) Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If the angles of a triangle are in the ratio of 2:3:4, then the difference of the measure of greatest angle and smallest angle is

A) 20°	B) 30°
C) 40°	D) 50°

Answer & Explanation Answer: C) 40°

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

How many diagonals are there in octagon?

A) 12	B) 14
C) 20	D) 24

Answer & Explanation Answer: C) 20

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

Which famous film actress and celebrity won the PETA 'Person of the Year' award in 2017?

A) Anushka Sharma	B) Priyanka Chopra
C) Alia Bhatt	D) Deepika Padukone

Answer & Explanation Answer: A) Anushka Sharma

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which of the following countries will host the International Conference on Information and Communication Technology (ICT)?

A) India	B) Nepal
C) Mauritius	D) Bangladesh

Answer & Explanation Answer: B) Nepal

Explanation:

International Conference on Information and Communication Technology (ICT) will be held in Kathmandu, Nepal (from 17th June). The Theme of the two-day conference is “Sustainable Development Goals for Smart Society”.
The objective of the conference is to bring government and private sector together for developing a plan of action using sustainable ICT applications.

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Filed Under: World Organisations
Exam Prep: Bank Exams

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Q:

On 24 January 2018, the Ministry of Women and Child Development launched a web based Rapid Reporting System for the ______.

A) Scheme for Adolescent Girls	B) Scheme for Widow women
C) Scheme for Acid attack victims	D) Scheme for divorced women

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