Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive	B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative	D) both B & C

Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1423

Q:

The 7th pay commission has retained the rate of annual increment of _____.

A) 2%	B) 2.57%
C) 3%	D) 3.5%

Answer & Explanation Answer: C) 3%

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 1423

Q:

An earthquake of magnitude 6 on Richter scale has ______________ times more destructive energy than an earthquake of magnitude 4.

A) ten	B) hundred
C) five	D) thousand

Answer & Explanation Answer: D) thousand

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

0 1423

Q:

When a ray of light travels from a denser medium to a rarer medium, it bends

A) towards the normal and speeds up	B) towards the normal and slows down
C) away from the normal and speeds up	D) away from the normal and slows down

Answer & Explanation Answer: C) away from the normal and speeds up

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams , CAT

1 1423

Q:

With which country India has signed an agreement to renew the supply of Petroleum for a period of 5 years (i.e. till 2022)?

A) Nepal	B) U.A.E.
C) Iran	D) Bhutan

Answer & Explanation Answer: A) Nepal

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 1423

Q:

What is the name of the new upgraded version of indigenous transport aircraft SARAS?

A) SARAS PT1N	B) SARAS ML-3S
C) SARAS AL-5C	D) SARAS FF-1F

Answer & Explanation Answer: A) SARAS PT1N

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

How many Rajya Sabha members, the President of India can nominate?

A) 6	B) 10
C) 12	D) 15

Answer & Explanation Answer: C) 12

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

According to Article 80 of Indian Constitution, Rajya Sabha can have a maximum strength of 250 members. Out of these 250 members how many are representatives of States and Union Territories?

A) 230	B) 236
C) 238	D) 242

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