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

2 2812
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
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Analyst

6 2810
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
Job Role: Analyst , Bank Clerk , Bank PO

2 2810
Q:

Carbon disulfide is prepared by heating sulfur and charcoal.

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

Explanation:

Yes, Carbon disulfide is prepared by heating sulfur and charcoal. 


S2 + C ----> CS2

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

2 2809
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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3 2808
Q:

What was the final score of the super bowl 2018?

A) 33 B) 43
C) 41 D) 38
 
Answer & Explanation Answer: C) 41

Explanation:

The Super Bowl is the annual championship game of the National Football League (NFL).

In Super bowl 2018, the Eagles secured a 41-33 victory, and the celebration of the franchise's first Super Bowl victory was on.

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Filed Under: Sports
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4 2807
Q:

India's first-ever autism township will come up in?

A) Telangana B) West Bengal
C) Karnataka D) Gujarat
 
Answer & Explanation Answer: B) West Bengal

Explanation:

India's first-ever autism township will come up in West Bengal.

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Filed Under: Indian Geography
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2 2807
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
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

8 2807