Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2	B) 1.2
C) -1.5	D) 1.5

Answer & Explanation Answer: A) -1.2

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In which of the following plants are buds produced in the notches along the leaf margin?

A) Bryophyta	B) Banana
C) Rose	D) Bryophyllum

Answer & Explanation Answer: D) Bryophyllum

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which one of the following Indian States has the highest percentage of Scheduled Tribe population to its total population?

A) Mizoram	B) Nagaland
C) Meghalaya	D) Arunachal Pradesh

Answer & Explanation Answer: A) Mizoram

Explanation:

Scheduled Tribes

State with highest proportion of Scheduled Tribes Mizoram (94.5 %)

State with lowest proportion of Scheduled Tribes Goa (0.04 %)

UT with highest proportion of Scheduled Tribes Lakshadweep (94.5 %)

UT with lowest proportion of Scheduled Tribes A & N Islands (8.3 %)

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which of the following elements replaced eka-Aluminium in Mendeleev's Periodic table?

A) Scandium	B) Gallium
C) Titanium	D) Germanium

Answer & Explanation Answer: B) Gallium

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

A) Supply	B) Demand
C) Price	D) Stock Market

Answer & Explanation Answer: C) Price

Explanation:

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Filed Under: Indian Economy
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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India	B) IDBI Bank
C) United Bank of India	D) Indian Bank

Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Filed Under: General Awareness

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Q:

Ayodhya Airport in Uttar Pradesh is set to be renamed as

A) Purushottam Sri Ram Airport	B) Sri Ram Airport
C) Maryada Purushottam Sri Ram Airport	D) Ayodhya Purushottam Sri Ram Airport

Answer & Explanation Answer: C) Maryada Purushottam Sri Ram Airport

Explanation:

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Exam Prep: Bank Exams

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Q:

Who is the Human Resource development Minister in Prime Minister Modi's cabinet as of February 2018?

A) Suresh Prabhu	B) Prakash Javadekar
C) Jual Oram	D) Maneka Gandhi

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