Q:

Which among the following is an example of micro-economic variable?

A) National Income	B) Aggregate Supply
C) Employment	D) Consumer's Equilibrium

Answer & Explanation Answer: D) Consumer's Equilibrium

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases.	B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases.	D) if the price of a good increases, the quantity demanded of that good increases.

Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

Explanation:

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Q:

The consumption schedule relates:

A) disposable income to domestic income.	B) consumption to the level of disposable income.
C) consumption to saving.	D) saving to the level of disposable income.

Answer & Explanation Answer: B) consumption to the level of disposable income.

Explanation:

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Exam Prep: Bank Exams , CAT

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Q:

The hardest natural substance is

A) Graphite	B) Diamond
C) Iron	D) Copper

Answer & Explanation Answer: B) Diamond

Explanation:

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No error'.
I was shocked to hear (1)/ that her husband (2)/ died of an accident. (3)/ No Error (4)

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

Answer & Explanation Answer: C) 3

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button
corresponding to it. If the sentence is free from error, click the "No error" option.
(A) The job is
(B) under the direct
(C) of Mrs Jones.
(D) No Error

A) A	B) B
C) C	D) D

Answer & Explanation Answer: B) B

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Exam Prep: Bank Exams

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Q:

The demand curve facing a perfectly competitive firm is

A) downward sloping	B) perfectly inelastic
C) a concave curve	D) perfectly elastic

Answer & Explanation Answer: D) perfectly elastic

Explanation:

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Exam Prep: Bank Exams

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase	B) decrease; decrease
C) increase; decrease	D) decrease; increase

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