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:

___ are a mountain range that runs almost parallel to the western coast of the Indian peninsula, and is one of the eight "hottest hotspots" of biological diversity in the world sometimes called the "Great Escarpment of India".

A) Eastern Ghats B) Western Ghats
C) Himalayas D) Satpura Range
 
Answer & Explanation Answer: B) Western Ghats

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

7 workers work in a printing press. Each gets paid Rs 450 per day. The 8th worker demands Rs 500 per day. If this worker is hired then all other workers must be paid Rs 500. The marginal resource (labour) cost of the 8th worker is _______.

A) Rs 50 B) Rs 850
C) Rs 400 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A bank statement provided by the bank includes

A) The beginning and the ending balance of the depositor's account B) A list of outstanding check
C) A list of pretty cash amounts D) A listing of deposits in transit
 
Answer & Explanation Answer: A) The beginning and the ending balance of the depositor's account

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The production possibilities curve illustrates the basic principle that

A) an economy's capacity to produce increases in proportion to its population size. B) the production of more of any one good will in time require smaller and smaller sacrifices of other goods.
C) an economy will automatically seek that level of output at which all of its resources are employed. D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.
 
Answer & Explanation Answer: D) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

T cell activation requires

A) T cell receptor (TCR) B) PTK function
C) APC  D) All the above
 
Answer & Explanation Answer: A) T cell receptor (TCR)

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

The closure ______ the workers adversely.

 

A) expected   B) effected  
C) accepted   D) affected
 
Answer & Explanation Answer: D) affected

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

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Q:

Which of the following statement is true?

A) Global warming and climate change are two different issues B) Global warming will reduce the annual build-up of glacier ice
C) Global warming may cause sea levels to go down D) Global warming may cause contraction of deserts
 
Answer & Explanation Answer: B) Global warming will reduce the annual build-up of glacier ice

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Filed Under: General Science
Exam Prep: Bank Exams

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