Questions

Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good B) Giffin good
C) Inferior good D) Normal good
 
Answer & Explanation Answer: A) Superior good

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If demand curve for racing cycles is D = 59600 - 6P and supply curve is S = 29600 + 4P, find the equilibrium Quantity?

A) 118000 B) 300
C) 41600 D) 6000
 
Answer & Explanation Answer: C) 41600

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Time period of Annual Plans was ___________.

A) 1990-1992 B) 1987-1990
C) 1992-1994 D) No option is correct
 
Answer & Explanation Answer: A) 1990-1992

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Filed Under: Indian Economy
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Q:

Which one of the following oxides of Nitrogen is also known as Laughing Gas?

A) NO2 B) N2O5
C) NO D) N2O
 
Answer & Explanation Answer: D) N2O

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following gases is used to prevent food material from getting oxidised?

A) Oxygen B) Chlorine
C) Nitrogen D) Hydrogen
 
Answer & Explanation Answer: C) Nitrogen

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

FERA stands for 

A) Foreign Exchange Regulation Agency B) Foreign Exchange Repulsive Agent
C) Foreign Expert Regulation Act D) Foreign Exchange Regulation Act
 
Answer & Explanation Answer: D) Foreign Exchange Regulation Act

Explanation:

FERA stands for Foreign Exchange Regulation Act.

 

  • It came into existence in 1973.
  • FERA lays emphasis on the regulation of currencies.

 

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Name the type of mirror used in the headlight of vehicles

A) Plano-convex mirror B) Convex mirror
C) Plane mirror D) Concave mirror
 
Answer & Explanation Answer: D) Concave mirror

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Filed Under: Physics
Exam Prep: Bank Exams

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