Q:

Price elasticity of demand is generally

A) tends to be smaller in the short run than in the long run.	B) tends to be smaller in the long run than in the short run.
C) tends to be unrelated to the length of time.	D) tends to be larger in the short run than in the long run.

Answer & Explanation Answer: A) tends to be smaller in the short run than in the long run.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 502

Q:

Globalization of the economy has

A) decreased regional specialization of production	B) decreased investment in less developed countries
C) heightened economic differences among places	D) leveled economic differences between places

Answer & Explanation Answer: C) heightened economic differences among places

Explanation:

Economic globalization is the increasing economic integration and interdependence of national, regional and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 502

Q:

Recession is ___________.

A) reduction in production and employment for want of sufficient demand for goods	B) rise in the cost of production, especially because of wage increase
C) increase in money supply without a matching increase in production	D) No option is correct

Answer & Explanation Answer: A) reduction in production and employment for want of sufficient demand for goods

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 501

Q:

What happens to the Potential and Kinetic energies of a body as it falls down from a height?

A) Its Potential energy decreases while its Kinetic energy increases	B) There is no change in its Potential or Kinetic energy
C) Its Potential and Kinetic energies decrease	D) Its Potential energy increases while its Kinetic energy decreases

Answer & Explanation Answer: A) Its Potential energy decreases while its Kinetic energy increases

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

1 501

Q:

Objects float on water based on ___.

A) Newton's third law of motion	B) Hooke's law
C) Faraday's law	D) Archimedes principle

Answer & Explanation Answer: D) Archimedes principle

Explanation:

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

3 501

Q:

‘Marketing Support and Services Scheme’ (in the Eleventh Plan) Supports artisans related to ___________.

A) Handicrafts	B) Leather goods
C) Gems and Jewellery	D) Handlooms

Answer & Explanation Answer: A) Handicrafts

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Who among the following claimed the top spot on Forbes 2017 list of the world's highest paid actresses, released on August 16, 2017?

A) Frances McDormand	B) Saoirse Ronan
C) Emma Stone	D) Elisabeth Moss

Answer & Explanation Answer: C) Emma Stone

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

0 500

Q:

Name the first civilian president of Myanmar.

A) Htin Kyaw	B) Myint Swe
C) Henry VanThio	D) Thein Sein

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