Questions

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:

The demand curve facing a perfectly competitive firm is

A) downward sloping B) perfectly inelastic
C) a concave curve D) perfectly elastic
 
Answer & Explanation Answer: D) perfectly elastic

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Filed Under: Indian Economy
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Q:

Who presented the first Union budget of independent India?

A) Morarji Desai B) John Mathai
C) TT Krishnamachari D) RK Shanmukham Chetty
 
Answer & Explanation Answer: D) RK Shanmukham Chetty

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Filed Under: Indian Economy
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Q:

Which Oil company has successfully conducted a 'Proof of Concept' feasibility study on 'Zero-emission electric mobility'?

A) Bharat Petroleum Corporation Ltd (BPCL) B) Oil India Ltd (OIL)
C) Indian Oil Corporation Ltd (IOCL) D) Reliance Industries Ltd (RIL)
 
Answer & Explanation Answer: C) Indian Oil Corporation Ltd (IOCL)

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

One statement is given followed by two conclusions/assumptions, I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions/assumptions can definitely be drawn from the given statement.

Statement: I) Quality has a price tag.

II) India is allocating lots of funds to education.

Conclusions: I) Quality of education in India would improve.

II) Funding alone can enhance quality of education.

A) Only Conclusion I follows B) Only Conclusion II follows
C) Both the Conclusions I and II follow D) Neither Conclusion I nor II follows
 
Answer & Explanation Answer: A) Only Conclusion I follows

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Society and individuals will evolve __________ changing times. Technology will continue to play an increasingly ____________ role in our lives in the years to come. Passing the blame on to technology is the easiest thing to do, but how we _____________ to use technology is an individual decision. In an attempt to be connected with the world _______ large, are we getting disconnected with the people who mean the most to us? This is a question worth pondering _________.

 

with the world _______ large, are we getting

 

A) to   B) as  
C) at   D) is
 
Answer & Explanation Answer: C) at  

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.


Consternation

 

A) Dismay B)  Happiness
C)  Composure D) Assurance
 
Answer & Explanation Answer: A) Dismay

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following devices helps to maintain a potential difference across a conductor?

A) Galvanometer B) Ammeter
C) Voltmeter D) A cell or battery
 
Answer & Explanation Answer: D) A cell or battery

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Filed Under: Physics
Exam Prep: Bank Exams

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