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Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative D) both B & C
 
Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods. 

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

1 1318
Q:

Who elected as new King of Malaysia?

A) Ibrahim Ismail B) Nazrin Shah
C) Sultan Abdullah D) Ahmad Shah
 
Answer & Explanation Answer: C) Sultan Abdullah

Explanation:

The new King of Malaysia is Sultan Abdullah.

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

1 1312
Q:

Revenue should be recognized when

A) the service is performed B) the customer charges an order
C) cash is received D) the customer places an order
 
Answer & Explanation Answer: A) the service is performed

Explanation:

Revenue should be recognized when it is realized or when it is earned. When a service is performed something is earned and revenue should be recognized.

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

1 1310
Q:

During the 1950's American consumers

A) emphasized the importance of nurturing children B) purchased new labor saving appliances
C) became a symbol of youth culture D) All of the above
 
Answer & Explanation Answer: B) purchased new labor saving appliances

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1310
Q:

The Berlin conference in 1884 was significant because it

A) colonized Africa B) colonized Germany
C) colonized Portugese D) None of the above
 
Answer & Explanation Answer: A) colonized Africa

Explanation:

The Berlin conference in 1884 was significant because it created rules on how European nations want to colonize Africa.

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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1310
Q:

In the given questions, two equations numbered I and II are given. Solve both the equation and mark the appropriate answer

I. x2=529  II. y =529

A) x>y B) x≥y
C) x<y D) x≤y
 
Answer & Explanation Answer: D) x≤y

Explanation:

x = ±23

And, y = 23

hence, x ≤ y

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

0 1302
Q:

Who among the following won the best actor award in the 48th International Film Festival of India (IFFI), organized in November 2017 at Panji, Goa?

A) Atom Egoyan B) Robin Campillo
C) Vivian Qu D) Nahuel Perez Biscayart
 
Answer & Explanation Answer: D) Nahuel Perez Biscayart

Explanation:
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Filed Under: Honours and Awards
Exam Prep: GATE , Bank Exams
Job Role: Bank PO , Bank Clerk

0 1298
Q:

Choose the CORRECT option if the two sides of a triangle is of length 4 cm and 10 cm and the length of its third side is a cm.

A) a<6 B) 6
C) a>5 D) 5
 
Answer & Explanation Answer: B) 6

Explanation:
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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams , GATE
Job Role: Bank Clerk , Bank PO

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