Bank Clerk Questions

Demand is said to be inelastic, when the demand for the good doesn't change much or it is negotiable when the price of the good changed.

The real interest rate is the percentage increase in purchasing power that the lender receives on a loan. A decline in the real interest rate will increase the amount of investment spending.

Gene is a segment of chromosomal DNA or a sequence of DNA or RNA that codes for a molecule that has a function. It is the basic physical and functional unit of heredity.

As genes are made up of DNA it impies that they are long, double chains of nucleic acids as DNA is made of nucleic acids.

Potentially hazardous foods are foods that might contain food poisoning bacteria and are capable of supporting growth of these bacteria or formation of toxins to levels that are unsafe for consumers, if the foods are not stored at correct temperatures. Toxins are poisonous chemicals produced by some types of bacteria.

The food can be left at room temperature until it reaches 60 deg C because food-poisoning bacteria will not multiply at 60 deg C or above. However, do not leave food cooling at room temperature unless you are sure that the temperature of the food is still at least above 60 C.

Virat Kohli has become the fastest batsman to score 19000 international runs in just 299 matches.

The law of demand implies that "The higher the price of a good, the lesser the quantity demanded".

For example:

If the rate of a mobile phone increased, the quantity demanded by the customers is decreased.

Ayodhya Deepostav event organised to mark Diwali celebrations in Ayodya town has entered Guinness Book of World Records in 2018.

Price and quantity supplied move in the same direction. As the price decreases, quantity supplied also decreases and viceversa.