Bank Clerk Questions


Q:

In economics, if a good is inelastic,

A) its supply or demand is not sensitive to price changes. B) consumers have lost an interest in purchasing it.
C) producers have lost an interest in manufacturing it. D) its supply or demand is too sensitive to price changes.
 
Answer & Explanation Answer: A) its supply or demand is not sensitive to price changes.

Explanation:

If the percent change in quantity demanded is less than the percent change in price, economists label the demand for the good as inelastic.

A good that is inelastic does not have very stretchy demand. In economic terms, the quantity demanded does not change a lot when the price changes.

 

So, if the price of a good increases by 10 percent and the quantity demanded decreases by only 5 percent or less than 10, that good is said to have inelastic demand.

 

Hence, in this case, consumers are not considered very sensitive, or responsive, to a change in the price of that good.

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

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Q:

Which party has announced that the party is quitting from the BJP-Led NDA Alliance at the center?

A) Shiv Sena B) Telugu Desham Party
C) Lok Janshakti Party D) Janata Dal United
 
Answer & Explanation Answer: B) Telugu Desham Party

Explanation:

Andhra Pradesh's TDP - Telugu Desam Party, today i.e on 16th March 2018 quit the NDA government at the Centre a week after two of its ministers resigned from the Union cabinet over the issue of special status for Andhra Pradesh.

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Filed Under: General Awareness
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Q:

In which of the following, the cellular power plants - Mitochondria are absent?

A) Bacteria B) Red Algae
C) Brown Algae D) Green Algae
 
Answer & Explanation Answer: A) Bacteria

Explanation:

Mitochondria is absent in Bacteria as well as in Blue Green Algae. They are seen in eukaryotic cells for respiration purpose.

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Filed Under: Biology
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Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Sugar is a component of which of the following?

A) Lipids B) Nucleic acids
C) Carbohydrates D) Both B & C
 
Answer & Explanation Answer: C) Carbohydrates

Explanation:

Sugar is a component of Carbohydrates.

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams
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Q:

What is the maximum number of characters when applying MsgBox and InputBox ?

Answer

The maximum number of characters allowed is 1024 characters.

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Q:

2 is what percent of 50?

A) 3 B) 4
C) 2.5 D) 5
 
Answer & Explanation Answer: B) 4

Explanation:

Let p% of 50 is 2

=> p x 50/100 = 2

=> p = 4%

 

Hence, 2 is 4 percent of 50.

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Filed Under: Percentage
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Q:

What carries Blood back to the Heart?

A) Veins B) Arteries
C) Both A & B D) None
 
Answer & Explanation Answer: A) Veins

Explanation:

Veins carries Blood back from the body parts to the Heart.

 

We know that The circulatory system of our body is a loop. The Heart is the pump, the arteries and their smaller branches (arterioles) carry oxygen rich blood all through your body and the veins and their smaller branches (venules) carry oxygen depleted blood and waste products back.

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Filed Under: Biology
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Q:

Red Data Book contains

A) Rare minerals B) Vanishing rivers
C) Red pandas D) Rare plants & animals under threat
 
Answer & Explanation Answer: D) Rare plants & animals under threat

Explanation:

It is a public document used to keep information about rare plants, animals, fungi etc... that exist within the territory. It is a Russian Federation Book.

Red_data_book_contains1561550192.jpg image

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Filed Under: General Science
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