Questions

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

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

"I had forgotten all such things just (1)/ for the sake of the greater good of everyone." (2)/ said there leader. (3)/ No error. (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Extant

 

A) Extinct   B) Present  
C) Immediate   D) Around
 
Answer & Explanation Answer: A) Extinct  

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

On which date was the partition of India announced?

A) 15th August 1947 B) 3rd June 1947
C) 17th July 1947 D) 1st July 1947
 
Answer & Explanation Answer: B) 3rd June 1947

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The ___ founded the first city of Delhi and named it Indraprastha.

A) Portuguese B) Kauravas
C) Mughals D) Pandavas
 
Answer & Explanation Answer: D) Pandavas

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India B) IDBI Bank
C) United Bank of India D) Indian Bank
 
Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Filed Under: General Awareness

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Q:

Debugging is the process of

A) Rolling out a software program B) Modifying a software program
C) Checking errors in a software program D) Changing the design structure of a program
 
Answer & Explanation Answer: C) Checking errors in a software program

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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

What is the present Personal Income Tax exemption limit for male individuals below 60 years of age & HUF (FY 2015-16)?

A) Rs. 2.5 lakhs B) Rs. 3 lakhs
C) Rs. 1.5 lakhs D) Rs. 4 lakhs
 
Answer & Explanation Answer: A) Rs. 2.5 lakhs

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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