Q:

An increase in the price of a good will

A) decrease demand	B) increase quantity demanded
C) increase demand	D) decrease quantity demanded

Answer & Explanation Answer: D) decrease quantity demanded

Explanation:

In economics we study that, if the price of a good increases the demand in its quantity decreases or the demand for its complimentary good increases.

For example, if the rice of a good increased by 5%, the demand in its quantity decreases by 10% approximately.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The Prime Minister's National Relief Fund is operated by which one of the following bodies?

A) The Prime Minister's Office (PMO)	B) The National Disaster Management Authority
C) The Ministry of Finance	D) The National Development Council(NDC)

Answer & Explanation Answer: A) The Prime Minister's Office (PMO)

Explanation:

PMNRF operates from the Prime Minister's Office, South Block, New Delhi-110011 and does not pays any license fee. PMNRF is exempt under Income Tax Act, 1961 under Section 10 and 139 for return purposes. Contributions towards PMNRF are notified for 100% deduction from taxable income under section 80(G) of the Income Tax Act, 1961.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

With which IIT did the Indian Railways sign a MoU in Dec 2015, for setting up Centers for Railway Research?

A) IIT Madras	B) IIT Mandi
C) IIT Delhi	D) IIT Indore

Answer & Explanation Answer: A) IIT Madras

Explanation:

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Filed Under: General Awareness

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Q:

Who was recently appointed as the first woman president of Nepal?

A) Sita Subedi	B) Pampha Bhusal
C) Urmila Rana	D) Bidhya Devi Bhandari

Answer & Explanation Answer: D) Bidhya Devi Bhandari

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

From the following, who was the first women speaker of Lok Sabha?

A) Sushma Swaraj	B) Margret Alva
C) Meera Kumar	D) Sarojini Naidu

Answer & Explanation Answer: C) Meera Kumar

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The silicon chips used for data processing are called

A) ROM chips	B) PROM chips
C) RAM chips	D) Micro processor

Answer & Explanation Answer: D) Micro processor

Explanation:

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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

The Attorney General of India is the ______ of the Government of India.

A) Chief Account Officer	B) Chief Law Officer
C) Chief Election Officer	D) Chief Audit Officer

Answer & Explanation Answer: B) Chief Law Officer

Explanation:

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Filed Under: Indian Politics

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Q:

In the following question, four words are given out of which one word is incorrectly spelt. Find the incorrectly spelt word.

A) Afforestation	B) Translusent
C) Foreigner	D) Achievement

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