Questions

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.

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

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Q:

In which market form, a market or an industry is dominated by a single seller?

A) Oligopoly B) Monopoly
C) Duopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If demand curve for racing cycles is D = 80200 ­ 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units B) 31220 units
C) 8750 units D) 41720 units
 
Answer & Explanation Answer: D) 41720 units

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

A balanced diet is one that provide (1)/ an adequate intake of energy and nutrients (2)/ for maintenance of the body and therefore good health. (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

For what is Mohs scale used?

A) To measure brightness of a substance B) To measure viscosity of a liquid
C) To measure elasticity of a material D) To measure hardness of minerals
 
Answer & Explanation Answer: D) To measure hardness of minerals

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

What is the resistance (in Ω) of an electrical component if a current of 0.2 A passes through it on application of 8 V of potential difference across it?

 

A) 40   B) 1.6  
C) 80   D) 3.2
 
Answer & Explanation Answer: A) 40  

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which is the political party started by Telugu film actor Chiranjeevi, who later merged it with the Indian National Congress?

A) Nava Nirman Party B) Andhra Pride Party
C) Telugu Desam Party D) Praja Rajyam Party
 
Answer & Explanation Answer: D) Praja Rajyam Party

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Filed Under: Indian Politics
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Q:

The per capita income in India was '20 in 1867-68, was ascertained for the first time by___________.

A) MG Ranade B) Sir W Hunter
C) RC Dutt D) Dadabhai Naoroji
 
Answer & Explanation Answer: D) Dadabhai Naoroji

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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