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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:

In the following questions, relationship between different elements are shown in the statements. These statements are followed by two conclusions. Give answer

Statements: K>L = M<=N, O < L>=P

Conclusions:

I.K>=O

II.N>=O

A) if only conclusion I is true. B) if only conclusion II is true.
C) if either conclusion I or II is true. D) if neither conclusion I nor II is true.
 
Answer & Explanation Answer: D) if neither conclusion I nor II is true.

Explanation:

I. K>=L>O, So K>=O is not true

II. O< L = M<=N, So N>=O is not true.

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Who is the current(as of February 2018) President of the Indian Olypic Association?

A) Abhnav Bindra B) Prannoy Roy
C) Narinder Dhruv Batra D) Sharad Pawar
 
Answer & Explanation Answer: C) Narinder Dhruv Batra

Explanation:
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Filed Under: General Awareness
Exam Prep: CAT , Bank Exams , AIEEE

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Q:

Find the odd numbers/letters/numbers from the given alternatives.

A) Red B) Brown
C) Green D) Yellow
 
Answer & Explanation Answer: B) Brown

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

The system of Budget was introduced in India during the Viceroyalty of

A) Canning B) Dalhousie
C) Ripon D) Elgin
 
Answer & Explanation Answer: A) Canning

Explanation:
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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which one of the following statements with regard to volcanoes is not correct?

A) Stratovolcanoes produce lava flows that initially follow valleys but are highly resistant to erosion. B) The surrounding areas can remain highlands, lava ridges or mesas.
C) Hawaiian shield volcanoes are eroded by steams that form deeply carved valleys with steeply sloping heads. D) The system of streams on a dissected volcano cone is not a radial drainage pattern.
 
Answer & Explanation Answer: D) The system of streams on a dissected volcano cone is not a radial drainage pattern.

Explanation:

Stratovolcano,    also    known    as acomposite  volcano,  is  aconical volcanobuilt  up  by  many  layers (strata) of hardened lava, tephra, pumice and ash. Because it is stratified, therefore  it  will  definitely  form  a volcano cone.

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Rate of work done is _______.

A) Energy B) Power
C) Momentum D) Impulse
 
Answer & Explanation Answer: B) Power

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Mendel is known as

A) Father of Physiology B) Father of Geology
C) Father of Genetics D) Father of Biology
 
Answer & Explanation Answer: C) Father of Genetics

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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