Q:

Find arc elasticity of demand, if quantity demanded falls from 4600 to 4200 when price of the item is increased from Rs 960 to Rs 1000?

A) -2.23	B) -2.09
C) 2.23	D) 2.09

Answer & Explanation Answer: A) -2.23

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The consumption schedule is such that

A) the MPC and the APC must be equal at all levels of income.	B) the APC is constant and the MPC declines as income rises.
C) both the APC and the MPC increase as income rises.	D) the MPC is constant and the APC declines as income rises.

Answer & Explanation Answer: D) the MPC is constant and the APC declines as income rises.

Explanation:

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Q:

Bahujan Samaj Party was founded in

A) 1925	B) 1955
C) 1984	D) 2001

Answer & Explanation Answer: C) 1984

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

After a credit card transaction has been authorized by theissuing bank by sending an authorization code to themerchant, the settlement stage of the process begins. Whichof the following is a system type used to process suchstatements?

A) Multitasking	B) Memory Processing
C) Level Processing	D) Batch Processing

Answer & Explanation Answer: D) Batch Processing

Explanation:

After a credit card transaction has been authorized bythe issuing bank by sending an authorization code tothe merchant, the settlement stage of the processbegins. This is called batch processing because anumber (or batch) of transactions is settled all at onetime.

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Filed Under: Computer
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Q:

Which company developed 'Swift' Programming Language?

A) Google	B) Microsoft
C) Facebook	D) Apple

Answer & Explanation Answer: D) Apple

Explanation:

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Filed Under: Computer
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Q:

The process when the computer is switched on and the operating system gets loaded from hard disk to main memory is called

A) Booting	B) Fetching
C) Processing	D) Multi-Processing

Answer & Explanation Answer: A) Booting

Explanation:

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Q:

What is the reason for formation of Mirage in desert?

A) Refraction of light	B) Reflection of light
C) Total internal reflection of light	D) Both Refraction and Total internal reflection of light

Answer & Explanation Answer: D) Both Refraction and Total internal reflection of light

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

‘SwasthVayu’, a Non-invasive Ventilator, was developed by which organsiation?

A) BARC	B) CSIR
C) ISRO	D) DRDO

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