Q:

At the equilibrium price

A) quantity demanded is equal to quantity supplied	B) quantity demanded is greater than quantity supplied
C) price elasticity of demand is unity	D) elasticity of demand equals elasticity of supply

Answer & Explanation Answer: A) quantity demanded is equal to quantity supplied

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Buying and Selling products are examples of

A) investing activities.	B) operating activities.
C) delivering activities.	D) financing activities.

Answer & Explanation Answer: B) operating activities.

Explanation:

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Filed Under: Indian Economy
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.

Explanation:

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

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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'.
I am vexed at him (1)/ for what all he has (2)/ done for him till date. (3)/ No Error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Antiapartheid activist Desmond Tutu is even more hardheaded when he says, "In almost ____________ language, the most difficult words are 'I am sorry’." Mr. Tutu adds that ______________ reconciliations can only lead to spurious healing. _____________ him forgiveness is a wager, an ethical wager on the future of ______________ relationship. This is why the few events of apology which stand up to _____________ scrutiny deserve to be treasured.

Mr. Tutu adds that ______________ reconciliations can only lead to spurious healing.

A) artificial	B) phony
C) spurious	D) bogus

Answer & Explanation Answer: C) spurious

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

On 28 July 2017, Lok Sabha passed Indian Institutes of Management (IIM) Bill, 2017. The Bill has a provision to place the Annual report of the IIM’s in the parliament and auditing of their accounts by ______.

A) Chief Economic Adviser	B) Economic Affairs Secretary
C) Comptroller and Auditor General	D) Attorney General

Answer & Explanation Answer: C) Comptroller and Auditor General

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985	B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995	D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971

Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Charles Wilkinson's English version of Bhagavad Gita was first published in the year

A) 1685	B) 1725
C) 1785	D) 1885

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