Questions

Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist B) Socialist
C) Mixed D) Both Capitalist and Socialist
 
Answer & Explanation Answer: A) Capitalist

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Filed Under: Indian Economy
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Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units B) 4500 units
C) 10500 units D) 6000 units
 
Answer & Explanation Answer: D) 6000 units

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Filed Under: Indian Economy
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Q:

A manufacturer faces price elasticity of demand of a ­1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.

A) 5.15 percent B) 7.65 percent
C) 8 percent D) 5.12 percent
 
Answer & Explanation Answer: C) 8 percent

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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.

 


The result is that the impact of humanities and liberal arts on _____________ action and day-to-day activities seems to be distinctly on the wane. ______________ and conventional approaches of teaching coupled with stasis that makes them traverse the __________ beaten path of course curricula isn’t helping society see the relevance of humanities and social science ____________ a technology-driven, changing world. The approach inevitably will be nuanced and there will be a need to weak the course content and fine-tune it to come ____________ with newer products to stay relevant and act as a facilitator to business and industry.

 

and liberal arts on _____________ action and day-to-day

 

A) humane B) humanly
C) human D)  humanity
 
Answer & Explanation Answer: C) human

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Filed Under: English
Exam Prep: Bank Exams

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Q:

What is the name of the book in Harry Potter series written by Jack Thorne to be published in mid - 2016?

A) Harry Potter and the Cursed Child  B) Harry Potter and the Deathly Hallows
C) Fantastic Beasts and Where to Find Them D) The Tales of Beedle the Bard
 
Answer & Explanation Answer: A) Harry Potter and the Cursed Child 

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Filed Under: Books and Authors
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Q:

___ is not related to gases.

A) Boyle's Law B) Joule's Law
C) Avogadro's Law D) Charle's Law
 
Answer & Explanation Answer: B) Joule's Law

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

Who is number 1 in the Forbes 2016 ranking of World's billionaires?

A) Warren Buffet B) Amancio Ortega
C) Bill Gates D) Carlos Slim Helu
 
Answer & Explanation Answer: C) Bill Gates

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Filed Under: General Awareness
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Q:

Which Union Ministry is to set up a National Faceless Penalty Centre?

A) Ministry of MSME B) Ministry of Finance
C) Ministry of Defence D) Ministry of Commerce and Industry
 
Answer & Explanation Answer: B) Ministry of Finance

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Filed Under: Indian Politics
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