Questions

Q:

Demand is said to be elastic when the

A) change in quantity demanded is less than the change in price B) change in quantity demanded is greater than the change in price
C) percentage change in quantity demanded is greater than the percentage change in price D) percentage change in quantity demanded is less than the percentage change in price
 
Answer & Explanation Answer: B) change in quantity demanded is greater than the change in price

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which one is not the cause of kidney stone formation?

A) Drinking more water B) Diabetic mellitus
C) Taking nuts rich in oxalate D) Eating lot of stone forming foods
 
Answer & Explanation Answer: A) Drinking more water

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

A boat goes 15 km upstream and 10 1/2 km down stream in 3 hrs 15 min. It goes 12 km upstream and 14 km downstream in 3 hrs. What is the speed of the boat in still water?

A) 4 B) 6
C) 10 D) 14
 
Answer & Explanation Answer: C) 10

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Q:

To enlarge their hold over India, many wars were fought between British and Indians but NOT one of the following.

A) Anglo-Maratha B) Anglo-Sikh
C) Anglo-Mysore D) Anglo-Bangla
 
Answer & Explanation Answer: D) Anglo-Bangla

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Who among the following was honoured with the IAAF male Athlete of year Award for 2017 at a award ceremony in Monaco in November 2017?

 

A) Mutaz Essa Barshim B) Usain Bolt
C) Mo Farah D) Wayde van Niekerk
 
Answer & Explanation Answer: A) Mutaz Essa Barshim

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

The age of the father 4 years ago was 8 times the age of his son. At present, the father's age is 4 times that of his son. Find the present age of son.

A) 9 years B) 7 years
C) 14 years D) 18 years
 
Answer & Explanation Answer: B) 7 years

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Q:

 Which organisation is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottomup approach? 

A) RBI B) IRDAI
C) NITI Aayog  D) Planning Commission 
 
Answer & Explanation Answer: C) NITI Aayog 

Explanation:

The NITI Aayog (Hindi for Policy Commission), also National Institution for Transforming India, is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach.

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams , CAT

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