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Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative D) both B & C
 
Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods. 

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Filed Under: Indian Economy
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Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Select the word with the correct spelling.

A) thrashere B) fiefedoms
C) snifing D) squashed
 
Answer & Explanation Answer: D) squashed

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Filed Under: English
Exam Prep: Bank Exams

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Q:

‘Local Government’ is a subject mentioned in which list under 7th schedule of Indian constitution?

A) Union list B) State list
C) Concurrent list D) No option is correct
 
Answer & Explanation Answer: B) State list

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

___________ is the set of all possible combinations of the two inputs that yield the same maximum possible level of output.

A) The Short Run B) The Long Run
C) Isoquant D) Average product
 
Answer & Explanation Answer: C) Isoquant

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Who is the newly appointed Governor of Tamil Nadu as of February 2018?

A) K. Rosaiah B) Banwarilal Purohit
C) Satyapal Malik D) Subramanian Swamy
 
Answer & Explanation Answer: B) Banwarilal Purohit

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

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Q:

Which research laboratory has developed an Artificial Intelligent robot named Shelley that writes horror stories?

 

A) IBM – Media research lab B) MIT – Media Lab
C) Almaden’s Visual Media D) Wal-mart Media Lab
 
Answer & Explanation Answer: B) MIT – Media Lab

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Pert

 

A) Humble B) Lively
C) Meek D) Timid
 
Answer & Explanation Answer: B) Lively

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Filed Under: English
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.

 

apple of my eye

 

A) every thing looks enticing to a hungry person B) a very pleasant thing to watch
C) someone that one cherishes above all others D) the ugliest child is still pretty for a mother
 
Answer & Explanation Answer: C) someone that one cherishes above all others

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Filed Under: English
Exam Prep: Bank Exams , CAT , GRE , TOEFL

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