Q:

Demand is said to be elastic when the

A) change in quantity demanded is less than the change in price	B) change in quantity demanded is greater than the change in price
C) percentage change in quantity demanded is greater than the percentage change in price	D) percentage change in quantity demanded is less than the percentage change in price

Answer & Explanation Answer: B) change in quantity demanded is greater than the change in price

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 958

Q:

On which date was the partition of India announced?

A) 15th August 1947	B) 3rd June 1947
C) 17th July 1947	D) 1st July 1947

Answer & Explanation Answer: B) 3rd June 1947

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Select the correct alternative from the given ones that will complete the series.

MPK, NRN, OTQ, PVT, ?

A) QXW	B) PYY
C) PYX	D) QXY

Answer & Explanation Answer: A) QXW

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Filed Under: Verbal Reasoning - Mental Ability

0 958

Q:

Which institution in India acts as 'lender of the last resort'?

A) Finance Ministry	B) Reserve Bank of India
C) Treasury	D) Currency Printing Presses

Answer & Explanation Answer: B) Reserve Bank of India

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

Come in handy

A) Be that type of a person who loves to work with his hands	B) Turn out to be useful.
C) Always be ready to help strangers in need.	D) Be always prepared for any kind of hardship.

Answer & Explanation Answer: B) Turn out to be useful.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

From the given answer figures, select the one in which the question figure is hidden.

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: D) 4

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Filed Under: Verbal Reasoning - Mental Ability

0 957

Q:

Who is the Chairman of the Film and Television Institute of India as of February 2018?

A) Jaya Prada	B) Anupam Kher
C) Mithum Chakraborty	D) Jaya Bachchan

Answer & Explanation Answer: B) Anupam Kher

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

1 957

Q:

What is the present Personal Income Tax exemption limit for male individuals below 60 years of age & HUF (FY 2015-16)?

A) Rs. 2.5 lakhs	B) Rs. 3 lakhs
C) Rs. 1.5 lakhs	D) Rs. 4 lakhs

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