Questions

Q:

Who among the following has been awarded by the UNHCR Nansen Refugee Award-2017 for his crucial mediating role and efforts to help children effected by the insurgency in his country?

 

A) Zannah Mustapha   B) Francois Gabart  
C) Sarah Mullally   D) Cyril Ramaphosa  
 
Answer & Explanation Answer: A) Zannah Mustapha  

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

On 5 January 2018, Lok Sabha passed High Court and Supreme Court Judges (Salaries and Conditions of Service) Amendment Bill, 2017. The Bill proposes to hike the salary of Chief Justice of India (CJI) to nearly ______.

 

A) Rs 2.80 lakh per month B) Rs 3.9 lakh per month
C) Rs 2 lakh per month D) Rs 5 lakh per month
 
Answer & Explanation Answer: A) Rs 2.80 lakh per month

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

A man lifts a luggage of 25 kg from the ground and puts it on the head, 2.5 m above the ground. If the value of g = 10 m/s2, then the value of work done by him on the luggage is

A) 22.5 J B) 225 J
C) 625 J D) 220 J
 
Answer & Explanation Answer: C) 625 J

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

Which is the most important factor that determines whether advertising by manufacturing sector will lead to higher sales?

A) Demand is elastic B) Demand is inelastic
C) The product can be differentiated D) The product can be homogenous.
 
Answer & Explanation Answer: C) The product can be differentiated

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

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Filed Under: Indian Economy
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Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run. B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time. D) tends to be larger in the short run than in the long run.
 
Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45 B) 0.55
C) 2 D)  1.25
 
Answer & Explanation Answer: B) 0.55

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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line. B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one. D) APS is positive at all income levels.
 
Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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