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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:

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:

The study of individual markets of demand and supply in which the 'players', or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

A) Macroeconomics B) Econometrics
C) Microeconomics D) Heterodox Economics
 
Answer & Explanation Answer: C) Microeconomics

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Filed Under: Indian Economy
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Q:

In economic equilibrium _____

A) supply is equal to the demand. B) the surplus is larger than the shortage.
C) elasticity of demand equals elasticity of supply D) price elasticity of demand is unity
 
Answer & Explanation Answer: A) supply is equal to the demand.

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Filed Under: Indian Economy
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Q:

Work done by an object on application of a force would be zero if the displacement of the object is:

 

A) negative B) Positive
C) neutral D) Zero
 
Answer & Explanation Answer: D) Zero

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Filed Under: Physics
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Q:

Statement I :The  passing  of  the  Coercive Acts  made reconciliation   between   Britain   and   her American colonies virtually impossible.

Statement II :The  British  Parliament,  having  issued  the Stamp Act in 1765, repealed it later.

A) Both the statements are individually true and Statement II is the correct explanation of Statement I B) Both the statements are individually true but Statement II is not the correct explanation of Statement I
C) Statement I is true but Statement II is false D) Statement I is false but Statement II is true
 
Answer & Explanation Answer: B) Both the statements are individually true but Statement II is not the correct explanation of Statement I

Explanation:
The Coercive Acts included a series of   laws   passed   by   the   British Parliament    in    1774,    including Boston Port Act, the Massachusetts Government Act, the Administration  of  Justice  Act,  and the  Quartering  Act  of  1774,  which were  meant  to  punish  American colonies  for  throwing  a  large  tea shipment  into  Boston Harbour,  so,the  passing  of  the  Coercive  Acts made reconciliation between Britain  and  her  American  colonies virtually impossible. The Stamp Act of  1765  was  passed  by  Parliament of  Great  Britain to  impose  a  direct tax   on   the   colonies   of   British America.  It  was  later  repealed  on March 18, 1766 after protest.
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

From the given alternatives, according to dictionary, which word will come at FIRST position?1. Clause2. Cigar3. Clever4. Cinema5. Client

A) Cinema B) Client
C) Cigar D) Clause
 
Answer & Explanation Answer: C) Cigar

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

International Chess Day is celebrated annually on

A) 21st July B) 20th July
C) 18th July D) 23rd July
 
Answer & Explanation Answer: B) 20th July

Explanation:

International Chess Day is celebrated annually on 20th July, since 1966. The idea to celebrate this day proposed was by UNESCO.

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Filed Under: Important Days and Years
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