AIEEE Questions

Q:

In economics, if a good is inelastic,

A) its supply or demand is not sensitive to price changes. B) consumers have lost an interest in purchasing it.
C) producers have lost an interest in manufacturing it. D) its supply or demand is too sensitive to price changes.
 
Answer & Explanation Answer: A) its supply or demand is not sensitive to price changes.

Explanation:

If the percent change in quantity demanded is less than the percent change in price, economists label the demand for the good as inelastic.

A good that is inelastic does not have very stretchy demand. In economic terms, the quantity demanded does not change a lot when the price changes.

 

So, if the price of a good increases by 10 percent and the quantity demanded decreases by only 5 percent or less than 10, that good is said to have inelastic demand.

 

Hence, in this case, consumers are not considered very sensitive, or responsive, to a change in the price of that good.

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Filed Under: Indian Economy
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Q:

If in an A.P series 18th term is 29 and 29th term is 18. Then find the 49th term ?

A) -3 B) -2
C) 0 D) 1
 
Answer & Explanation Answer: B) -2

Explanation:

We know that in A.P series
18th term = a + 17d
29th term = a + 28d
But given
a + 17d = 29..........(i)
a + 28d = 18......... (ii)
Solving equation (i) and (ii), we get
d = -1
put d = -1 in any of the above equations and we get,
a = 46
Now, we know 49th term can be written as, a + 48d
putting the value of a and d in the above equation,
a + 48d = 46 + 48(-1)
= 46 - 48
= -2

Hence, the 49th term is -2.

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Filed Under: Arithmetical Reasoning
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Q:

Which of the following is a secondary storage device?

A) ALU B) Disc
C) Projector D) All of the above
 
Answer & Explanation Answer: B) Disc

Explanation:
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Q:

DNA is a long chain made of repeating units called aminoacids.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

The repeating units that are used to form the helical DNA structure are called nucleotides.

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Subject: General Science
Exam Prep: AIEEE , Bank Exams , GATE
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Q:

Which capital gains tax on property?

Answer

Capital Gains Tax on Property:


1. Short term,


2. Long term


 


Short Term Capital Gain on property is considered as a gain from selling a property which was held by you for less than 36 months. As a taxpayer, you are liable to pay tax on short term capital gain on property as per your applicable marginal income tax slab.


* Current Short Term Capital Gains tax rate is 30%.


 


Long Term Capital Gain



When you sell your property that is owned by you for more than three years, any gain arising from such sale will be considered as long term capital gain. Long term capital gain is calculated as the difference between net sales consideration and indexed cost of property.


* Current Long Term Capital Gains tax rate is 20%.

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Subject: Accounts Payable Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Which IRQ does the system timer commonly use?

A) IRQ 1 B) IRQ 0
C) IRQ 3 D) IRQ 4
 
Answer & Explanation Answer: B) IRQ 0

Explanation:

IRQ-0 is the system timer commonly use in all computers. In a computer, IRQ is an interrupt request which acts as a hardware signal sent to the processor that temporarily stops a running program and allows a special program, an interrupt handler, to run instead.

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Filed Under: Computer
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Q:

Which city ranks 40 among top 50 global cities for women entrepreneurs listing ?

A) Hyderabad B) Chennai
C) Delhi D) Bangalore
 
Answer & Explanation Answer: D) Bangalore

Explanation:
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Filed Under: Famous Places
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Q:

Light Year is related to

A) Distance B) Acceleration
C) Velocity D) Intensity of Light
 
Answer & Explanation Answer: A) Distance

Explanation:

Light Year is related to Distance. It is the unit of Distance.

It is about 9.5 Trillion Kms or 5.9 Trillion miles.

 

    • It is the distance that light travels in vaccum in one julian year i.e, 365.25 days.



 

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Filed Under: General Awareness
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