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
Exam Prep: Bank Exams

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Q:

Recession is ___________.

A) reduction in production and employment for want of sufficient demand for goods	B) rise in the cost of production, especially because of wage increase
C) increase in money supply without a matching increase in production	D) No option is correct

Answer & Explanation Answer: A) reduction in production and employment for want of sufficient demand for goods

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Q:

Which is the most important factor that determines whether advertising by manufacturing sector will lead to higher sales?

A) Demand is elastic	B) Demand is inelastic
C) The product can be differentiated	D) The product can be homogenous.

Answer & Explanation Answer: C) The product can be differentiated

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Q:

The international trade effect states that

A) an increase in the price level will lower net exports.	B) an increase in the price level will raise exports.
C) an increase in the price level will raise net exports.	D) an increase in the price level will lower imports

Answer & Explanation Answer: A) an increase in the price level will lower net exports.

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Q:

Monetary policy refers to the actions the Federal Reserve takes to manage

A) income tax rates and interest rates to pursue its economic objectives.	B) government spending and income tax rates to pursue its economic objectives.
C) the money supply and income tax rates to pursue its economic objectives.	D) the money supply and interest rates to pursue its economic objectives.

Answer & Explanation Answer: D) the money supply and interest rates to pursue its economic objectives.

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Q:

Which of the following is a feature of aerobic metabolism?

A) energy is produced more slowly than in anaerobic metabolism	B) energy is observed more slowly than in anaerobic metabolism
C) energy is produced more fastly than in anaerobic metabolism	D) energy is observed more fastly than in anaerobic metabolism

Answer & Explanation Answer: A) energy is produced more slowly than in anaerobic metabolism

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Filed Under: Biology
Exam Prep: Bank Exams

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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:

Apollo 11, the first artificial satellite that landed humans on moon, was launched in which year?

A) 1975	B) 1968
C) 1969	D) 1958

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