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Q:

Which among the following is an example of micro-economic variable?

A) National Income B) Aggregate Supply
C) Employment D) Consumer's Equilibrium
 
Answer & Explanation Answer: D) Consumer's Equilibrium

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Yerwada Jail is in

A) Mumbai B) Pune
C) Goa D) Nagpur
 
Answer & Explanation Answer: B) Pune

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

The Dr. B. C. Roy awards, instituted in 1962, are given to eminent achievers primarily from which field?

A) Medicine B) Law
C) Sports D) Journalism
 
Answer & Explanation Answer: A) Medicine

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which institution in India acts as 'lender of the last resort'?

A) Finance Ministry B) Reserve Bank of India
C) Treasury D) Currency Printing Presses
 
Answer & Explanation Answer: B) Reserve Bank of India

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

For dilution of a concentrated acid, we should add:

A) water into the diluted acid B) water into the concentrated acid
C) first water into the acid and then more acid into the water D) concentrated acid into water
 
Answer & Explanation Answer: B) water into the concentrated acid

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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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:

Earnings per share are calculated by dividing

A) (net income less preferred stock dividends) by average common shares outstanding. B) gross profit by average common shares outstanding.
C) net sales by average common shares outstanding. D) net income by average common shares outstanding.
 
Answer & Explanation Answer: A) (net income less preferred stock dividends) by average common shares outstanding.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Recession is ___________.

A) reduction in production and employment for want of sufficient demand for goods B) rise in the cost of production, especially because of wage increase
C) increase in money supply without a matching increase in production D) No option is correct
 
Answer & Explanation Answer: A) reduction in production and employment for want of sufficient demand for goods

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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