Q:

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

A) Law of demand	B) Law of supply
C) Law of substitution	D) Law of optimal choice

Answer & Explanation Answer: A) Law of demand

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In a centrally planned economy, the ____________ plans all the important activities in the economy.

A) Industrialists	B) Citizens
C) Government	D) Judiciary

Answer & Explanation Answer: C) Government

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Q:

Micro economics deals with

A) the circular flow of income	B) the decision making of a single economic variable like demand
C) understanding unemployment	D) economic growth

Answer & Explanation Answer: B) the decision making of a single economic variable like demand

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Exam Prep: Bank Exams

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Q:

How are elements arranged in the Modern Periodic Table?

A) In the increasing order of their Molecular Mass	B) In the increasing order of their Atomic Mass
C) In the increasing order of their Atomic Number	D) In the increasing order of their Mass Number

Answer & Explanation Answer: B) In the increasing order of their Atomic Mass

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following is NOT a characteristic of dicotyledons plants?

A) These plants have a tap root	B) These plants have reticulate venation
C) These plants have fibrous roots	D) These plants have 2 cotyledons

Answer & Explanation Answer: C) These plants have fibrous roots

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following is a good source of Vitamin A?

A) Cabbage	B) Carrot
C) Regular Potato	D) Strawberry

Answer & Explanation Answer: B) Carrot

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The consumption schedule relates:

A) disposable income to domestic income.	B) consumption to the level of disposable income.
C) consumption to saving.	D) saving to the level of disposable income.

Answer & Explanation Answer: B) consumption to the level of disposable income.

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

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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

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