Q:

Which of the following best defines free trade?

A) Imports are discouraged	B) There are no restrictions on exports and imports
C) There are no duties levied on export	D) Imported goods are made duty free

Answer & Explanation Answer: B) There are no restrictions on exports and imports

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus	B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus	D) Rs 8000 worth of producer surplus

Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
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Q:

Name the organ where the embryo develops:

A) Ureter	B) Uterus
C) Cervix	D) Fallopian tube

Answer & Explanation Answer: B) Uterus

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

If a solution turns blue litmus red, its pH is likely to be

A) 7	B) 8
C) 9	D) 6

Answer & Explanation Answer: D) 6

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units	B) 90 units
C) 60 units	D) 50 units

Answer & Explanation Answer: C) 60 units

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Filed Under: Indian Economy
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Q:

Which of the following meals is NOT obtained by reduction using carbon?

A) Copper	B) Sodium
C) Iron	D) Zinc

Answer & Explanation Answer: B) Sodium

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

The World Health Organization (WHO) has collaborated with which company to distribute Covid vaccines under Covax alliance?

A) Roche	B) Pfizer
C) Merck	D) Johnson & Johnson

Answer & Explanation Answer: B) Pfizer

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Who is the current chairman of All India Council for Technical Education (AICTE)?

A) Anil Sahasrabudhe	B) Najma Heptulla
C) Pritam Singh	D) Srikant Datar

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