Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand	B) Substitution effect
C) Problem of choice	D) Optimal choice

Answer & Explanation Answer: B) Substitution effect

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

2 706

Q:

The determinants of aggregate supply -

A) Capital stock	B) Wages
C) Technology	D) All of the above

Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

0 706

Q:

Where is Major Dhyan Chand National Stadium located?

A) Patna	B) Shimla
C) New Delhi	D) Agartala

Answer & Explanation Answer: C) New Delhi

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

4 706

Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

A) Pakistan	B) Bangladesh
C) India	D) China

Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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Filed Under: General Awareness

1 706

Q:

Where are coins minted in India?

A) Delhi, Mumbai, Kolkata	B) Delhi, Kolkata, Hyderabad
C) Mumbai, Delhi, Bangalore	D) Mumbai, Kolkata, Hyderabad, NOIDA

Answer & Explanation Answer: D) Mumbai, Kolkata, Hyderabad, NOIDA

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Preserved traces of living organisms retained in the form of impressions of the body parts in the soil are called ______.

A) specimen	B) fossils
C) antique	D) phylogeny

Answer & Explanation Answer: B) fossils

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Who appoints the members of the State Public Service Commission ?

A) Chief Minister	B) Governor
C) Chief Justice	D) Vice President

Answer & Explanation Answer: B) Governor

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 706

Q:

Find the potential energy gained by a body of mass 50 kg, if it is raised by 10m. (use g = 10 m/s2)

A) 50	B) 5000
C) 2500	D) 25

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