Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases.	B) buy more of a good as the price of the good falls.
C) will spend all of their money on something.	D) want more of everything even if they have no money to buy anything.

Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

Explanation:

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

0 1107

Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4	B) 1.25
C) 0.25	D) 0.8

Answer & Explanation Answer: D) 0.8

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is an octroi ?

A) Tax	B) Tax collection centre
C) Tax processing centre	D) Tax information centre

Answer & Explanation Answer: A) Tax

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following can be used as a weapon of war and conflict?

A) Extreme economic dependence	B) Trade sanctions
C) Currency manipulation	D) Withdrawal of bilateraltreaties

Answer & Explanation Answer: B) Trade sanctions

Explanation:

This can be interpreted from these lines of the passage, “Sanctions also play a dramatic role as an offensive militaristic manoeuver” and "Indeed, economics is often used directly as a weapon of war and conflict via trade sanctions."

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Filed Under: English
Exam Prep: Bank Exams

0 1107

Q:

______ is a strong drug that doctors give to people to make them calm or help them sleep.

A) Barbiturate	B) Antidepressant
C) Antihistamine	D) Beta-Blocker

Answer & Explanation Answer: A) Barbiturate

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

1 1107

Q:

From the given alternative words, select the word which cannot be formed using the letters of the given word :

ORGANISATION

A) GRANT	B) NATION
C) GIANTS	D) ORANGE

Answer & Explanation Answer: D) ORANGE

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

In 1528, __________ defeated the Rajputs at Chanderi.

A) Humayun	B) Akbar
C) Jahangir	D) Babur

Answer & Explanation Answer: D) Babur

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

0 1107

Q:

If tan (5x - 10°) = cot (5y + 20°), then the value of x + y is

A) 15°	B) 16°
C) 22.5°	D) 24°

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