Q:

Lorenz curve shows

A) Inflation	B) Unemployment
C) Income distribution	D) Poverty

Answer & Explanation Answer: C) Income distribution

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax	B) Indirect tax
C) Straight tax	D) Advance tax

Answer & Explanation Answer: A) Direct tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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

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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2	B) 1.2
C) -1.5	D) 1.5

Answer & Explanation Answer: A) -1.2

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is not correct?

A) Members of Chlorophyceae are commonly called green algae	B) Members of Phaeophyceae are commonly called red algae
C) Members of Rhodophyceae are commonly called red algae	D) Members of Phaeophyceae are commonly called brown algae

Answer & Explanation Answer: B) Members of Phaeophyceae are commonly called red algae

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In 1528, __________ defeated the Rajputs at Chanderi.

A) Humayun	B) Akbar
C) Jahangir	D) Babur

Answer & Explanation Answer: D) Babur

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Find the sum of the measures all the exterior angles of a decagon.

A) 720°	B) 2160°
C) 360°	D) 1800°

Answer & Explanation Answer: C) 360°

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

If tan (5x - 10°) = cot (5y + 20°), then the value of x + y is

A) 15°	B) 16°
C) 22.5°	D) 24°

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