Questions

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

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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

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Filed Under: Indian Economy
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Q:

Which of the following best defines disposable income?

A) income received by households less personal taxes B) the before-tax income received by households
C) all income earned by resource suppliers for their current contributions to production D) the market value of the annual output net of consumption of fixed capital
 
Answer & Explanation Answer: A) income received by households less personal taxes

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Filed Under: Indian Economy
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Q:

Salarjung Museum is located in ___.

A) Kolkata B) Ahmadabad
C) Delhi D) Hyderabad
 
Answer & Explanation Answer: D) Hyderabad

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Parthenocarpy is defined as

A) Development of root without fertilisation B) Development of fruit without fertilisation
C) Development of fruit with fertilisation D) Development of root with fertilisation
 
Answer & Explanation Answer: B) Development of fruit without fertilisation

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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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:

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)

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Q:

Select the missing number from the given alternatives

A) 19 B) 22
C) 26 D) 25
 
Answer & Explanation Answer: D) 25

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