Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3%	B) 10%
C) 2.50%	D) 7%

Answer & Explanation Answer: B) 10%

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A ceramic pottery unit hires 8 craftsmen by paying each of them Rs 900 per day. The 9th craftsman demands Rs 950 per day. If this craftsman is hired then all other craftsmen must be paid Rs 950. The marginal resource (labour) cost of the 9th craftsman is _________.

A) Rs 1530	B) Rs 1050
C) Rs 50	D) Rs 1350

Answer & Explanation Answer: D) Rs 1350

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Curd contains mainly ___ acid.

A) Benzoic	B) Fumaric
C) Lactic	D) Malic

Answer & Explanation Answer: C) Lactic

Explanation:

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

2 1053

Q:

One should use porcelain and not metal containers in a microwave oven because..

A) Charge may accumulate on the metal surface and there is danger of getting a shock	B) Porcelain vessels are better conductors of heat and thus food gets cooked quickly
C) Metal containers might undergo chemical reaction leading to spoilage of food	D) Porcelain vessels are cheaper than the metal containers

Answer & Explanation Answer: A) Charge may accumulate on the metal surface and there is danger of getting a shock

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

Narcolepsy is a disorder in which a person

A) has excessive daytime sleepiness	B) has excess heart rate
C) has excess body pains	D) All the above

Answer & Explanation Answer: A) has excessive daytime sleepiness

Explanation:

Narcolepsy is a disorder in which a person has excessive daytime sleepiness, sleep/wake disorder.

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The skin, the lining of the mouth, the lining of the blood vessels, lung alveoli and kidney tubules are all made of which type of tissue?

A) Epithelial tissue	B) Connective tissue
C) Muscular tissue	D) Nervous tissue

Answer & Explanation Answer: A) Epithelial tissue

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

When electricity is passed through an aqueous solution of Sodium Chloride (brine), it decomposes to form.

A) NaOH + H2 + Cl2	B) NaOH + H2 + O2
C) NaOH + HCl + H2	D) NaOH + H2 + N2

Answer & Explanation Answer: A) NaOH + H2 + Cl2

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which state of India produces the highest quantity of Jute?

A) Bihar	B) Odisha
C) West Bengal	D) Jharkhand

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