Exams Questions and Answers

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
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The demand curve facing a perfectly competitive firm is

A) Line sloping upwards	B) Horizontal line
C) Line sloping downwards	D) Vertical line

Answer & Explanation Answer: B) Horizontal line

Explanation:

The demand curve facing a perfectly competitive firm is a horizontal straight line equal to the equilibrium price of the entire market because a perfectly competitive firm can sell all units brought to market at the same price.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which of the following is not provided in the constitution ?

A) Election Commission	B) Finance Commission
C) Public Service Commission	D) Planning Commission

Answer & Explanation Answer: D) Planning Commission

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Noor Jahan was the wife of which Mughal emperor?

A) Babur	B) Akbar
C) Shah Jahan	D) Jahangir

Answer & Explanation Answer: D) Jahangir

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

How many layers are there in the OSI networking model?

A) 13	B) 11
C) 9	D) 7

Answer & Explanation Answer: D) 7

Explanation:

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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

If Cot θ = 21/20, then what is the value of Cosec θ?

A) 21/29	B) 29/21
C) 20/29	D) 29/20

Answer & Explanation Answer: D) 29/20

Explanation:

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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

The report (has already been) given to the Board.

A) have already been	B) have already being
C) has already being	D) no improvement

Answer & Explanation Answer: D) no improvement

Explanation:

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

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Q:

Among chemical properties, Mendeleev concentrated on the compounds formed by the elements with

A) Hydrogen and Oxygen	B) Hydrogen and Sodium
C) Carbon and Hydrogen	D) Carbon and Sodium

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