Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run.	B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time.	D) tends to be larger in the short run than in the long run.

Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1015

Q:

Mecca Masjid, Hyderabad was completed by

A) Muhammad Quli Qutb Shah	B) Jahangir
C) Qutb Shahi	D) Aurangazeb

Answer & Explanation Answer: D) Aurangazeb

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The Dr. B. C. Roy awards, instituted in 1962, are given to eminent achievers primarily from which field?

A) Medicine	B) Law
C) Sports	D) Journalism

Answer & Explanation Answer: A) Medicine

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

In August 2017, RBI announced to transfer approximately how much amount for the Financial Year 2016-17 as a dividend to the Government?

A) Rs 30,659 crore	B) Rs 50,650 crore
C) Rs 60,659 crore	D) Rs 70,659 crore

Answer & Explanation Answer: A) Rs 30,659 crore

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Who is the Union Minister of the Ministry of Commerce and Industry as of February 2018?

A) Suresh Prabhu	B) Sushma Swaraj
C) Anand Geete	D) Uma Bharti

Answer & Explanation Answer: A) Suresh Prabhu

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Oparin's theory about 'Origin of life' is related to

A) biological evolution	B) chemical evolution
C) artificial evolution	D) physical evolution

Answer & Explanation Answer: B) chemical evolution

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers	B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous.	D) Buyers and sellers in the market are assumed to have perfect information.

Answer & Explanation Answer: B) Average total costs continually decrease.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which one of the following derives nutrition from plants as a parasite?

A) Malaria Parasite	B) Lice
C) Bryophyllum	D) Cuscuta

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