Q:

A company faces a -2.5 price elasticity of demand for its product. It is presently selling 10,000 units/month. If it wants to increase quantity sold by 6%, it must lower its price by

A) 3.50%	B) 15%
C) 2.50%	D) 2.40%

Answer & Explanation Answer: D) 2.40%

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

Which of the following tax systems will help to reduce economic inequalities in India?

A) Regressive Tax	B) Progressive Tax
C) Flat rate tax	D) None of these

Answer & Explanation Answer: B) Progressive Tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The material carried by the glacier such as rocks big and small, sand and silt gets deposited, which are called glacial ________.

A) moraines	B) deltas
C) plateaus	D) grooves

Answer & Explanation Answer: A) moraines

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Ananas comosus is the scientific name of ________.

A) Custard Apple	B) Pineapple
C) Bamboo	D) Pomegranate

Answer & Explanation Answer: B) Pineapple

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

What is the sound made by seal called?

A) Bark	B) Moo
C) Screech	D) Growl

Answer & Explanation Answer: A) Bark

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

In Lok Sabha the total number of members from states is

A) 630	B) 530
C) 430	D) 330

Answer & Explanation Answer: B) 530

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which one of the following statements about the National Adaptation Fund for Climate Change is not correct?

A) The fund is meant to assist national and State level activities to meet the cost of adaptation measures.	B) This scheme has been taken as a Central Sector Scheme.
C) The Indian Council of Agricultural Research is the national implementing entity for the fund.	D) The scheme has been in force since

Answer & Explanation Answer: C) The Indian Council of Agricultural Research is the national implementing entity for the fund.

Explanation:

Government has established the National Adaptation Fund on Climate Change (NAFCC) with a budget provision of Rs.350 crores for the year 2015-16 and 2016-17, with an estimated requirement of Rs.181.5 crores for financial year 2017-18. The objective of the fund is to assist State and Union Territories that are particularly vulnerable to the adverse effects of climate change in meeting the cost of adaptation. The National Bank for Agriculture and Rural Development (NABARD) has been appointed as National Implementing Entity (NIE) responsible for implementation of adaptation projects under the (NAFCC).

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which Bollywood actor was honoured with the 24th Crystal Award at the world Economic Forum meeting in January 2018?

A) Shahrukh Khan	B) Aamir Khan
C) Salman Khan	D) Akshay Kumar

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