Q:

If price of an article decreases from Rs. 25 to Rs. 20, quantity demanded increases from Q1 units to 1500 units. If point elasticity of demand is -1.25, find Q1?

A) 900 units	B) 1200 units
C) 1800 units	D) 2000 units

Answer & Explanation Answer: B) 1200 units

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.	B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources.	D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.

Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The ratio of angles of a triangle are 1 : 2/3 : 3. Then the smallest angle is

A) 21 4/7°	B) 25°
C) 25 5/7°	D) 38 4/7°

Answer & Explanation Answer: C) 25 5/7°

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

In which year was Communist Party of India - Marxist (CPI-M) founded?

A) 1885	B) 1980
C) 1984	D) 1964

Answer & Explanation Answer: D) 1964

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

In November 2017, India’s MC Mary Kom won the gold medal at the Asian Boxing Championship, 2017 held at Ho Chi Minh City in Vietnam. In which one of the following categories was she declared winner?

A) 48 kg	B) 51 kg
C) 54 kg	D) 57 kg

Answer & Explanation Answer: A) 48 kg

Explanation:

Indian sporting legend M.C. Mary Kom (48kg) clinched an unprecedented fifth gold medal but Sonia Lather (57kg) settled for silver at the ASBC Asian Confederation women’s boxing championships.This was Mary Kom’s first international gold medal since the 2014 Asian Games.

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Find the sum of the measures all the exterior angles of a decagon.

A) 720°	B) 2160°
C) 360°	D) 1800°

Answer & Explanation Answer: C) 360°

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

A hollow hemispherical bowl is made of silver with its outer radius 8 cm and inner radius 4 cm respectively. The bowl is melted to form a solid right circular cone of radius 8 cm. The height of the cone formed is

A) 7 cm	B) 9 cm
C) 12 cm	D) 14 cm

Answer & Explanation Answer: D) 14 cm

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

Who is the winner of the third Indian Council for cultural Relations (ICCR) distinguished indologist award – 2017

A) Hiroshi Marui	B) Owen King
C) Larry Sloman	D) Peggy Whitson

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