Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus	B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus	D) Rs 8000 worth of producer surplus

Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1000

Q:

Rajaji National Park is in ___.

A) Tamil Nadu	B) Uttarakhand
C) Karnataka	D) Kerala

Answer & Explanation Answer: B) Uttarakhand

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Filed Under: Indian Geography
Exam Prep: Bank Exams

0 999

Q:

Which of the following Sultans died while playing Polo or Chaugan?

A) Qutbuddin Aibak	B) Balban
C) Iltutmish	D) Nasiruddin Muhammad

Answer & Explanation Answer: A) Qutbuddin Aibak

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Filed Under: Indian History

2 999

Q:

India-born Leo Varadkar became the Prime Minister of which of the following countries?

A) Sri Lanka	B) Scotland
C) South Africa	D) Ireland

Answer & Explanation Answer: D) Ireland

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

0 998

Q:

Who is the Author of the book "You are the Best Wife: A True Love Story"?

A) Durjoy Datta	B) Savi Sharma
C) Ajay K Pandey	D) Preeti Shenoy

Answer & Explanation Answer: C) Ajay K Pandey

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Filed Under: Books and Authors
Exam Prep: Bank Exams

0 998

Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units	B) 90 units
C) 60 units	D) 50 units

Answer & Explanation Answer: C) 60 units

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Filed Under: Indian Economy
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Q:

An exculpatory clause is generally unenforceable when

A) it involves public transportation.	B) it attempts to release a party from liability for ordinarily negligent behavior.
C) it is written clearly and in bold, large print.	D) the affected activity is a recreational activity.

Answer & Explanation Answer: A) it involves public transportation.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following organ does NOT belong to human excretory system?

A) Kidneys	B) Ureters
C) Uterus	D) Urethra

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