Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units	B) 4500 units
C) 10500 units	D) 6000 units

Answer & Explanation Answer: D) 6000 units

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In general, elasticity is a measure of

A) how firms' profits respond to changes in market prices.	B) the extent to which advances in technology are adopted by producers.
C) how much buyers and sellers respond to changes in market conditions.	D) the extent to which a market is competitive.

Answer & Explanation Answer: C) how much buyers and sellers respond to changes in market conditions.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select ‘No Error’.

Our sole prayer should be to be blessing with (1)/ a spiritual awakening that is the real (2)/ source of peace, bliss and contentment. (3)/ No error (4)

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

Answer & Explanation Answer: A) 1

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Ping-pong Diplomacy is related to which of the following countries?

A) Myanmar	B) Japan
C) China	D) Taiwan

Answer & Explanation Answer: C) China

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Article 39A of the Indian Constitution "Equal justice and free legal aid" deals with?

A) the State Government	B) the directive principles of state policy
C) the Union Government	D) the fundamental rights of the Indian Citizen

Answer & Explanation Answer: B) the directive principles of state policy

Explanation:

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Filed Under: Indian Politics
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Q:

Conducting joint operations generally involves how many broad principles?

A) 11	B) 10
C) 12	D) 14

Answer & Explanation Answer: C) 12

Explanation:

Conducting joint operations generally involves 12 broad principles, collectively known as the “principles of joint operations”.

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Filed Under: Indian Politics
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Q:

Sound CANNOT travel through

A) Air	B) Vacuum
C) Liquid	D) Solid

Answer & Explanation Answer: B) Vacuum

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

What is the measure of temperature considered as normal in human body?

A) 95 deg F	B) 97 deg F
C) 98.6 deg F	D) 96.8 deg F

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