Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units	B) 4500 units
C) 10500 units	D) 6000 units

Answer & Explanation Answer: D) 6000 units

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A manufacturer faces price elasticity of demand of a 1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.

A) 5.15 percent	B) 7.65 percent
C) 8 percent	D) 5.12 percent

Answer & Explanation Answer: C) 8 percent

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

For dilution of a concentrated acid, we should add:

A) water into the diluted acid	B) water into the concentrated acid
C) first water into the acid and then more acid into the water	D) concentrated acid into water

Answer & Explanation Answer: B) water into the concentrated acid

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

Fertilisation of sperm with the ovum takes place in

A) Uterus	B) Cervix
C) Fallopian Tube	D) Ovary

Answer & Explanation Answer: C) Fallopian Tube

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Filed Under: Biology
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Q:

Which part of the human brain is the centre for intelligence, memory and emotions?

A) Hypothalamus	B) Cerebrum
C) Corpus Callosum	D) Mid Brain

Answer & Explanation Answer: B) Cerebrum

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

Which of the following is the main thinking part of the human brain?

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

Answer & Explanation Answer: D) Fore-brain

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Filed Under: Biology
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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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Q:

___ is not related to gases.

A) Boyle's Law	B) Joule's Law
C) Avogadro's Law	D) Charle's Law

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