Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent	B) 7.8 percent
C) 10.2 percent	D) 10 percent

Answer & Explanation Answer: A) 7.5 percent

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 910

Q:

Which of these countries got Independence from United Kingdom?

A) Uzbekistan	B) India
C) Venezuela	D) South Korea

Answer & Explanation Answer: B) India

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is NOT included in general methodology while assessing the national income?

A) Pension	B) Investment Expenditure
C) Value added	D) Consumption Expenditure

Answer & Explanation Answer: A) Pension

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Filed Under: Indian Economy
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Q:

When milk becomes sour, ___ is produced.

A) Lactose	B) Lactic acid
C) Salicylic acid	D) Linoleic acid

Answer & Explanation Answer: B) Lactic acid

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Filed Under: Chemistry
Exam Prep: Bank Exams

4 910

Q:

Deep ocean trenches are associated with

Answer

Ocean trenches are the deepest parts of the ocean. Deep ocean trenches are associated with Constantly Moving a certain type of volcanic chain called an island arc and with zones of high earthquake activity.

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Subject: Indian Geography Exam Prep: Bank Exams

3 909

Q:

A fungal cell wall is made of :

A) lignin	B) hemi-cellulose
C) chitin	D) cellulose

Answer & Explanation Answer: C) chitin

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Filed Under: Biology
Exam Prep: Bank Exams

1 909

Q:

__________ is defined as the output per unit of variable input

A) Marginal product	B) Production function
C) Total product	D) Average product

Answer & Explanation Answer: D) Average product

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is one of the saltiest lakes in the world?

A) Red sea	B) Aral sea
C) Caspian sea	D) Dead sea

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