Questions

Q:

In economics, if a good is inelastic,

A) its supply or demand is not sensitive to price changes. B) consumers have lost an interest in purchasing it.
C) producers have lost an interest in manufacturing it. D) its supply or demand is too sensitive to price changes.
 
Answer & Explanation Answer: A) its supply or demand is not sensitive to price changes.

Explanation:

If the percent change in quantity demanded is less than the percent change in price, economists label the demand for the good as inelastic.

A good that is inelastic does not have very stretchy demand. In economic terms, the quantity demanded does not change a lot when the price changes.

 

So, if the price of a good increases by 10 percent and the quantity demanded decreases by only 5 percent or less than 10, that good is said to have inelastic demand.

 

Hence, in this case, consumers are not considered very sensitive, or responsive, to a change in the price of that good.

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

2 2401
Q:

Where is fragment information stored?

A) in the physical logs B) in the reserved pages
C) in the system catalog tables D) in the first page of the database tblspace
 
Answer & Explanation Answer: C) in the system catalog tables

Explanation:
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Filed Under: IBM Certification

1 2400
Q:

Which party has announced that the party is quitting from the BJP-Led NDA Alliance at the center?

A) Shiv Sena B) Telugu Desham Party
C) Lok Janshakti Party D) Janata Dal United
 
Answer & Explanation Answer: B) Telugu Desham Party

Explanation:

Andhra Pradesh's TDP - Telugu Desam Party, today i.e on 16th March 2018 quit the NDA government at the Centre a week after two of its ministers resigned from the Union cabinet over the issue of special status for Andhra Pradesh.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

2 2399
Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

A) constituet B)  iliterrate
C)  conctituet D) constitute
 
Answer & Explanation Answer: A) constituet

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

9 2399
Q:

Voiceless it cries, Wingless flutters, Toothless bites, Mouthless mutters.

Answer

The Wind is what has no voice but cries, no wings but flutters, toothless but bites, mouthless but mutters.

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Subject: Word Puzzles Exam Prep: Bank Exams

7 2399
Q:

What procedure you will follow when taking a customer’s call?

Answer

Answer this question around the following steps :


1. Greet customer.


2. Tell your name to the customer.


3. Ask customer how you can be of any assistance to him/her.


4. Listen carefully and patiently to the customers query or requirement.


5. Provide the customer with the best solution or assistance without making him/her wait for long.


6. Inquire if customer is satisfied with the assistance or help provided.


7. Ask the customer if he needs any further assistance.

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Subject: Call Center

2 2398
Q:

Which of the following is an example of chemical weathering?

A) Oxidation B) Acid rains
C) Carbonation D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Chemical weathering is what happens when rocks are broken down and chemically altered.

Chemical weathering is the breakdown of rocks by chemical reactions. Chemical weathering involves changes in the chemical composition of the existing rock to form new rock. Some examples of chemical weathering are hydrolysis, oxidation, carbonation, dissolution, etc.

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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1 2398
Q:

Which of the following is a major function of chloride?

A) Helps maintain gastric acidity B) Acts as principal intracellular electrolyte
C) Acts as principal intracellular electrolyte D) All of the above
 
Answer & Explanation Answer: A) Helps maintain gastric acidity

Explanation:
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Filed Under: Chemistry
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2 2398