Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good	B) normal good
C) exclusive good	D) inferior good

Answer & Explanation Answer: D) inferior good

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 916

Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run.	B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time.	D) tends to be larger in the short run than in the long run.

Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line.	B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one.	D) APS is positive at all income levels.

Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 915

Q:

India-born Indira Nooyi is the Chief Executive Officer (CEO) of which of the following companies?

A) Microsoft	B) Amazon
C) Coca Cola	D) PepsiCo

Answer & Explanation Answer: D) PepsiCo

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 915

Q:

Who won majority of the men's singles tennis grand slam tournaments in 2015?

A) Andy Murray	B) Novak Djokovic
C) Roger Federer	D) Stanislas Wawrinka

Answer & Explanation Answer: B) Novak Djokovic

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Filed Under: Sports
Exam Prep: Bank Exams

3 915

Q:

The end of British rule in India came in the year

A) 1946	B) 1947
C) 1948	D) 1950

Answer & Explanation Answer: B) 1947

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Filed Under: Indian History
Exam Prep: Bank Exams

1 914

Q:

The line graph shows the record of number of admissions to a certain coaching centre from 2011 to 2016. Study the diagram and answer the following question.

Admissions in the year 2014 grew by _______ percent as compared to the previous year.

A) 50	B) 100
C) 40	D) 66.67

Answer & Explanation Answer: D) 66.67

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Filed Under: Quantitative Aptitude - Data Interpretation
Exam Prep: Bank Exams

0 914

Q:

In October 2017, who launched ‘Sampoorna Bima Gram (SBG) Yojana’, which aims to expand the clientele base of postal life Insurance?

A) Manoj Sinha	B) Jayant Sinha
C) Arun Jaitley	D) Suresh Prabhu

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