Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3%	B) 10%
C) 2.50%	D) 7%

Answer & Explanation Answer: B) 10%

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

__________ resources are those resources whose quantity is known.

A) Natural resources	B) Actual resources
C) Potential resources	D) Abiotic resources

Answer & Explanation Answer: B) Actual resources

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Filed Under: Indian Economy
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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:

_______________________ is the unemployment which exists in any economy due to people being in the process of moving from one job to another.

A) Seasonal unemployment	B) Cyclical unemployment
C) Frictional unemployment	D) Structural unemployment

Answer & Explanation Answer: C) Frictional unemployment

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Filed Under: Indian Economy
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Q:

___ is not a chemical change.

A) Cooking an egg	B) Melting an ice cube
C) Baking a cake	D) Rotting Bananas

Answer & Explanation Answer: B) Melting an ice cube

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following is NOT a characteristic of dicotyledons plants?

A) These plants have a tap root	B) These plants have reticulate venation
C) These plants have fibrous roots	D) These plants have 2 cotyledons

Answer & Explanation Answer: C) These plants have fibrous roots

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following instruments is used to measure electric current?

A) Rheostat	B) Voltmeter
C) Ammeter	D) Galvanometer

Answer & Explanation Answer: C) Ammeter

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

What does the symbol R in electricity stand for ?

A) Resistance	B) Resonance
C) Refraction	D) Rarefaction

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