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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

India's current finance minister Arun Jaitley is a Rajya Sabha member from which state?

A) Uttar Pradesh	B) Haryana
C) Punjab	D) Gujarat

Answer & Explanation Answer: D) Gujarat

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

On 25 October 2017, government announced a recapitalisation plan for state-owned banks. How much amount was announced for Banks’ recapitalisation?

A) Rs 3.11 lakh crore	B) Rs 5.1 lakh crore
C) Rs 2.11 lakh crore	D) Rs 7 lakh crore

Answer & Explanation Answer: C) Rs 2.11 lakh crore

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The SI unit of electric charge is

A) ohm	B) volt
C) ampere	D) coulomb

Answer & Explanation Answer: D) coulomb

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Why does a piece of cloth, which appears green in sunlight, appear black when it is viewed under red light?

A) The cloth completely absorbs red colour wavelength	B) It is due to refraction
C) It is the effect of scattering of light	D) It is due to Parallax error

Answer & Explanation Answer: A) The cloth completely absorbs red colour wavelength

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

Up a blind alley

A) hiding something intentionally from another person	B) not warning a person who is in danger
C) one can enjoy thrills only if one takes risk	D) following a course of action that is certain to lead to an undesirable outcome

Answer & Explanation Answer: D) following a course of action that is certain to lead to an undesirable outcome

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The public debt is the

A) total amount borrowed by the government of a country	B) The funds raised for a cause in the country
C) the tax amount overall the country	D) none

Answer & Explanation Answer: A) total amount borrowed by the government of a country

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

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Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs	B) price exceeds its average total costs
C) average variable costs exceed its average total costs	D) fixed costs are zero

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