Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive	B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative	D) both B & C

Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1478

Q:

What does indifference curve represent?

A) Levels of Income and Capital	B) Satisfaction derived from two goods
C) Income from two businesses	D) Relationship between expenditure and savings

Answer & Explanation Answer: B) Satisfaction derived from two goods

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The battle between attackers and the attacked is becoming still more _____________. Faced with potentially new cyber ____________, the danger to India’s economic and national security is going _________________ geometrical progression. To be forearmed, with _______________ offensive cyber operations and __________________ cyber security, is essential.

India's economic and national security is going _________________ geometrical progression.

A) down as	B) down for
C) up on	D) up in

Answer & Explanation Answer: D) up in

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

1 1478

Q:

The Ministry of Labour and Employment, in January 2018, announced how many persons for Prime Minister's Shram Awards for the year 2016?

A) 16	B) 34
C) 50	D) 64

Answer & Explanation Answer: C) 50

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

A piece of paper is folded and punched as shown below in the question figures. From the given answer figures, indicate how it will appear when opened?

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: B) 2

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams

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Q:

Which State hosted the 12th National Ice-Skating Championship in India?

A) Sikkim	B) Himachal Pradesh
C) Uttarakhand	D) Jammu and Kashmir

Answer & Explanation Answer: D) Jammu and Kashmir

Explanation:

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Filed Under: Sports

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Q:

For how many days did Mahatma Gandhi's volunteers of the Salt satyagrah walked?

A) 24	B) 36
C) 12	D) 6

Answer & Explanation Answer: A) 24

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

3 1478

Q:

The capital of the Mauryan Kingdom was located at___________

A) Pataliputra	B) Vaishali
C) Lumbini	D) Gaya

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