Questions

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

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

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Filed Under: Indian Economy
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Q:

The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.

A) USA B) India
C) Soviet Union D) Japan
 
Answer & Explanation Answer: C) Soviet Union

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Filed Under: Indian Economy
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Q:

The first Indian to win Booker Prize is

A) Jhumpa Lahiri B) Arundhati Roy
C) Siddhartha Mukherjee D) Gobind Beharilal
 
Answer & Explanation Answer: B) Arundhati Roy

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

To which ganarajya Gautam Buddha belonged?

A) Shibi B) Shakya
C) Saurasena D) Shabara
 
Answer & Explanation Answer: B) Shakya

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which of the following pairs is not correctly matched?

A) Munda Rebellion : 1899 B) Vellore Mutiny: 1806
C) Santhal Rebellion: 1855 D) Chuar Rebellion: 1870
 
Answer & Explanation Answer: D) Chuar Rebellion: 1870

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Choose the odd word/letters/number/number pair from the given alternatives.

A) Jawaharlal Nehru B) Manmohan Singh
C) Lal Bahadur Shastri D) Rajendra Prasad
 
Answer & Explanation Answer: D) Rajendra Prasad

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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'.

 

In 1961, a meteoroid was defined as "a solid object moving in (1)/ interplanetary space, of a size considerably smaller than (2)/ an asteroid and considerably larger then an atom". (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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Filed Under: English
Exam Prep: Bank Exams , GRE

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