Exams


Q:

If for the year a country's GDP was $ 1315 million, consumer spending was $900 million, investment by businesses was $180 million, exports were $85 million and imports were $100 million, calculate government spending?

A) $220 million B) $250 million
C) $580 million D) $610 million
 
Answer & Explanation Answer: B) $250 million

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Filed Under: Indian Economy
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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55 B) 1.66
C) 0.25 D) 1.22
 
Answer & Explanation Answer: D) 1.22

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Q:

The number of days' sales uncollected is calculated by

A) Dividing accounts receivable by net sales and multiplying by 365. B) Dividing net sales by accounts receivable and multiplying by 365.
C) Dividing accounts receivable by net sales. D) Dividing net sales by accounts receivable.
 
Answer & Explanation Answer: A) Dividing accounts receivable by net sales and multiplying by 365.

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Q:

In the following question, select the odd word pair from the given alternatives.

A) Red – Stop B) Green – Go
C) Pink – Red D) Yellow – Wait
 
Answer & Explanation Answer: C) Pink – Red

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

Consider the given statement/s to be true and decide which of the given conclusions/assumptions can definitely be drawn from the given statement.

 

STATEMENT:

All plants are trees.
No tree is green.

 

Conclusion I: Some plants are green.
Conclusion II: Those plants which are not trees are green.

A) Only Conclusion I follows B) Only Conclusion II follows
C) Either I or II follows D) Neither Conclusion I nor II follows
 
Answer & Explanation Answer: D) Neither Conclusion I nor II follows

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Filed Under: Statement and Conclusions
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Q:

The bar graph shows the production of table fans in a factory during one week. Study the bar graph and answer the question.

The average production of table fan in that week is

A) 370 B) 280
C) 300 D) 250
 
Answer & Explanation Answer: C) 300

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Filed Under: Bar Charts
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Q:

Study the following histogram of marks in mathematics (out of 50) of students in a class and answer the following questions.

If the pass marks in maths is 31, the number of students who failed in maths is

A) 10 B) 15
C) 20 D) 25
 
Answer & Explanation Answer: B) 15

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Filed Under: Line Charts
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