Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3%	B) 10%
C) 2.50%	D) 7%

Answer & Explanation Answer: B) 10%

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

___________________________ is an Indian Government Savings Bond, primarily used for small savings and income tax saving investments in India.

A) Provident Fund	B) Life Insurance Policies
C) National Saving Certificate	D) Long term government bonds

Answer & Explanation Answer: C) National Saving Certificate

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Filed Under: Indian Economy
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Q:

The production possibilities curve illustrates the basic principle that

A) an economy's capacity to produce increases in proportion to its population size.	B) the production of more of any one good will in time require smaller and smaller sacrifices of other goods.
C) an economy will automatically seek that level of output at which all of its resources are employed.	D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

Answer & Explanation Answer: D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

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Filed Under: Indian Economy
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Q:

Which part of the brain regulates breathing?

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

Answer & Explanation Answer: B) Medulla

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Amish Tripathi, a famous Indian writer, is working on a series based on Ramayana, in which the first two books focus on Rama and Sita, respectively. On which character does the third book of this series focus?

A) Bharata	B) Lakshmana
C) Hanuman	D) Raavana

Answer & Explanation Answer: D) Raavana

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

Syed Modi International Grand Prix Gold Championship is held every year at ___.

A) Chandigarh	B) Lucknow
C) Delhi	D) Hyderabad

Answer & Explanation Answer: B) Lucknow

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who is the author of the Indian English Novel 'Sita : Warrior of Mithila' published in

A) Amish Tripathi	B) Rahul Mehta
C) Chetan Bhagat	D) Robin Sharma

Answer & Explanation Answer: A) Amish Tripathi

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Q:

Which state of India produces the highest quantity of Jute?

A) Bihar	B) Odisha
C) West Bengal	D) Jharkhand

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