Q:

To pinpoint a Criminal, Forensic Department uses the technique called?

A) DNA Editing	B) DNA Splicing
C) DNA Fingerprinting	D) DNA Amplification

Answer & Explanation Answer: C) DNA Fingerprinting

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which one of the following is not an assumption in the law of demand?

A) There are no changes in the taste and preferences of consumers	B) Income of consumers remains constant
C) Consumers are affected by demonstration effect	D) There are no changes in the price of substitute goods.

Answer & Explanation Answer: C) Consumers are affected by demonstration effect

Explanation:

There are certain assumptions underlying the law of demand, which are as follows:

i. Assumes that the consumer’s income remains same

ii. Assumes that the preferences of consumer remain same.

iii. Considers that the fashion does not show any changes, because if fashion changes, then people would not purchase the products that are out of fashion.

iv. Assumes that there would be no change in the age structure, size, and sex ratio of population. This is because if population size increases, then the number of buyers increases, which, in turn, affect the demand for a product directly.

v. Restricts the innovation and new varieties of products in the market, which can affect the demand for the existing product.

vi. Restricts changes in the distribution of income.

vii. Avoids any type of change fiscal policies of the government of a nation, which reduces the effect of taxation on the demand of product.

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Filed Under: Indian Economy
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

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45	B) 0.55
C) 2	D) 1.25

Answer & Explanation Answer: B) 0.55

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, four groups of three numbers are given. In each group the second and third number are related to the first number by aLogic/Rule/Relation. Three are similar on basis of same Logic/Rule/Relation. Select the odd one out from the given alternatives

A) (8, 17, 33)	B) (3, 7, 12)
C) (9, 19, 37)	D) (15, 31, 61)

Answer & Explanation Answer: B) (3, 7, 12)

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Who among the following has been awarded by the UNHCR Nansen Refugee Award-2017 for his crucial mediating role and efforts to help children effected by the insurgency in his country?

A) Zannah Mustapha	B) Francois Gabart
C) Sarah Mullally	D) Cyril Ramaphosa

Answer & Explanation Answer: A) Zannah Mustapha

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which of the following Prime Ministers was awarded Bharat Ratna?

A) V.P.Singh	B) Morarji Desai
C) Charan Singh	D) Manmohan Singh

Answer & Explanation Answer: B) Morarji Desai

Explanation:

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Filed Under: Honours and Awards
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Q:

A source maintains a current I in a resistor of resistor of resistance R. If V is the potential difference across the resistor. The electrical energy dissipated in the resistor in time is given _____

A) VI2t	B) V2It
C) IR2t	D) VIt

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