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Q:

A price floor is _____.

A) a maximum legal price B) a minimum legal price
C) the price where demand equals supply D) the price where elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: B) a minimum legal price

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Filed Under: Indian Economy
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Q:

As per RBI In October 2017, Gross Non-Performing Assets (GNPA) ratio for NBFCs increased to what percentage till March 2017?

 

A) 2 B) 5
C) 10 D) 20
 
Answer & Explanation Answer: B) 5

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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Q:

If demand curve for an electric tooth brush is D = 25000 -­ 7P and supply curve is S = 10000 + 8P, find the equilibrium Price?

A) Rs 150 B) Rs 1000
C) Rs 400 D) Rs 50
 
Answer & Explanation Answer: B) Rs 1000

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Q:

World Environment Day is observed on

A) February 28 B) May 16
C) June 05 D) September 12
 
Answer & Explanation Answer: C) June 05

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Filed Under: Important Days and Years
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Q:

If sin 30° + cos 45° = X, then the value of X.

A) (2√2-√3)/2 B) 4/√3
C) (1-√3)/√3 D) (1+√2)/2
 
Answer & Explanation Answer: D) (1+√2)/2

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Filed Under: Quantitative Aptitude - Arithmetic Ability
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Q:

On which date was the partition of India announced?

A) 15th August 1947 B) 3rd June 1947
C) 17th July 1947 D) 1st July 1947
 
Answer & Explanation Answer: B) 3rd June 1947

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Filed Under: Indian History
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Q:

Who was the dentist who killed Cecil-the Lion in 2015?

A) John Walker B) Gary Crow
C) Walter Palmer D) Rupert Watson
 
Answer & Explanation Answer: C) Walter Palmer

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Filed Under: General Awareness
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