Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases.	B) buy more of a good as the price of the good falls.
C) will spend all of their money on something.	D) want more of everything even if they have no money to buy anything.

Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

0 1101

Q:

Stagflation is defined as

A) low inflation, low growth, low unemployment	B) high inflation, low growth, high unemployment
C) high inflation, high growth, high unemployment	D) low inflation, high growth, low unemployment

Answer & Explanation Answer: B) high inflation, low growth, high unemployment

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1101

Q:

The SLR is determined by the RBI. SLR stands for

A) States Leverage Return	B) Savings Lease Rate
C) Statutory Liquidity Ratio	D) Safe Legal Range

Answer & Explanation Answer: C) Statutory Liquidity Ratio

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1101

Q:

Which of the following regions has the highest potential for wind energy?

A) The Deccan Plateau	B) Gangetic planes
C) Western Ghats	D) The Himalayas

Answer & Explanation Answer: C) Western Ghats

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Filed Under: Indian Geography
Exam Prep: Bank Exams

1 1101

Q:

Which county was in the first rank in the 2016 Human Development Index published by the United Nations Development Programme?

A) Norway	B) Australia
C) Germany	D) Denmark

Answer & Explanation Answer: A) Norway

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Filed Under: World Organisations
Exam Prep: Bank Exams

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Q:

______________ was a philosopher and theologian from India during early 8th century who consolidated the doctrine of Advaita Vedanta.

A) Adi Shankara	B) Dyaneshwar
C) Eknath	D) Madhvacharya

Answer & Explanation Answer: A) Adi Shankara

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

1 1101

Q:

Who is the author of "I Too Had A Love Story"?

A) Jhumpa Lahiri	B) Amish Tripathi
C) Ravinder Singh	D) Salman Rushdie

Answer & Explanation Answer: C) Ravinder Singh

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Filed Under: Books and Authors
Exam Prep: Bank Exams

1 1101

Q:

Pakistan is located in which part of Asia?

A) Southern Asia	B) Northern Asia
C) Eastern Asia	D) No option is correct

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