Questions

Q:

Who is the author of 'Million Mutinies Now'?

A) Aurobindo Ghosh B) K P S Gill
C) Nirad Chaudhuri D) V S Naipaul
 
Answer & Explanation Answer: D) V S Naipaul

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Filed Under: Books and Authors
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Who is the author of "Jaya"?

A) Sudeep Nagarkar B) Devdutt Pattanaik
C) R. K. Narayan D) Aravind Adiga
 
Answer & Explanation Answer: B) Devdutt Pattanaik

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

Who amidst the following is a distinguished painter?

A) Uday Shankar B) Sonal Mansingh
C) Amrita Shergill D) Yamini Kirshnamurthy
 
Answer & Explanation Answer: C) Amrita Shergill

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Filed Under: Famous Personalities
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Q:

Suez Canal connects

A) Red Sea and Arabian Sea B) Red Sea and Mediterranean Sea
C) Arabian Sea and Mediterranean Sea D) North Sea and Baltic Sea
 
Answer & Explanation Answer: B) Red Sea and Mediterranean Sea

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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.

 

Incensed

 

A) Ecstatic B) Exasperated
C) Elated D) Blithe
 
Answer & Explanation Answer: B) Exasperated

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Select the word with the correct spelling.

A) crockery B) filigre
C) mobillity D) saccristy
 
Answer & Explanation Answer: A) crockery

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Filed Under: English
Exam Prep: Bank Exams

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Q:

A company faces a -2.5 price elasticity of demand for its product. It is presently selling 10,000 units/month. If it wants to increase quantity sold by 6%, it must lower its price by

A) 3.50% B) 15%
C) 2.50% D) 2.40%
 
Answer & Explanation Answer: D) 2.40%

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

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Q:

When some goods or productive factors are completely fixed in amount, regardless of price, the supply curve is

A) horizontal B) downward sloping to the right
C) vertical D) upward sloping to the right
 
Answer & Explanation Answer: D) upward sloping to the right

Explanation:

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

 

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Filed Under: Indian Economy
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