Q:

An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______.

A) Zero percent	B) One percent
C) 0.5 percent	D) More than one percent

Answer & Explanation Answer: B) One percent

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A manufacturer faces price elasticity of demand of a 1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.

A) 5.15 percent	B) 7.65 percent
C) 8 percent	D) 5.12 percent

Answer & Explanation Answer: C) 8 percent

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Q:

Earnings per share are calculated by dividing

A) (net income less preferred stock dividends) by average common shares outstanding.	B) gross profit by average common shares outstanding.
C) net sales by average common shares outstanding.	D) net income by average common shares outstanding.

Answer & Explanation Answer: A) (net income less preferred stock dividends) by average common shares outstanding.

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Filed Under: Indian Economy
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Q:

Which of the following is considered a "diversified" investment?

A) Index Fund	B) Mutual Fund
C) Both of these	D) Neither of these

Answer & Explanation Answer: C) Both of these

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best
expresses the same sentence in Passive/Active voice.
The theatre was keeping a seat for you.

A) A seat was being kept for you by the theatre.	B) Keeping of a seat for you has been done by the theatre.
C) The theatre has kept a seat for you.	D) A seat would be kept for you by the theatre.

Answer & Explanation Answer: A) A seat was being kept for you by the theatre.

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Filed Under: English

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Q:

___, present in the centre of a flower, forms the female reproductive part.

A) Sepals	B) Petals
C) Carpels	D) Stamens

Answer & Explanation Answer: C) Carpels

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Filed Under: Biology
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Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes	B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production	D) the market value of the annual output net of consumption of fixed capital

Answer & Explanation Answer: A) income received by households less personal taxes

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Q:

If percentage of profit made,when an article is sold for Rs.78, is twice as when it is sold for Rs.69, the cost price of the article is

A) Rs. 49	B) Rs. 51
C) Rs. 57	D) Rs. 60

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