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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Monetary policy refers to the actions the Federal Reserve takes to manage

A) income tax rates and interest rates to pursue its economic objectives.	B) government spending and income tax rates to pursue its economic objectives.
C) the money supply and income tax rates to pursue its economic objectives.	D) the money supply and interest rates to pursue its economic objectives.

Answer & Explanation Answer: D) the money supply and interest rates to pursue its economic objectives.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Dwarfness can be controlled by treating plants with

A) Gibberellic acid	B) Cytokinin
C) Ethylene	D) Auxin

Answer & Explanation Answer: A) Gibberellic acid

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Cricket World Cup 2015 was hosted by

A) England	B) New Zealand
C) Australia	D) New Zealand & Australia

Answer & Explanation Answer: D) New Zealand & Australia

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

In January 2018, Aziz Ansari became the first Indian-American and first Asian to win a Golden Globe award for which comedy series?

A) Parent Trap	B) Running North
C) Master of None	D) Gone with the wind

Answer & Explanation Answer: C) Master of None

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

In human body, vertebrae are part of ___.

A) Intestine	B) Liver
C) Spinal cord	D) Brain

Answer & Explanation Answer: C) Spinal cord

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

1 1032

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
Exam Prep: Bank Exams

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Q:

If the average total cost are Rs 2400, average variable cost is Rs 1700 and quantity produced is 75 units, find the total fixed costs of the firm?

A) Rs 52500	B) Rs 127500
C) Rs 180000	D) Rs 60000

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