Bank Exams Questions

Q:

A company faces a -2.5 price elasticity of demand for its product. It is presently selling 10,000 units/month. If it wants to increase quantity sold by 6%, it must lower its price by

A) 3.50% B) 15%
C) 2.50% D) 2.40%
 
Answer & Explanation Answer: D) 2.40%

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 250 less than the sum lent. What was thesum lent (in Rs)?

A) 1000 B) 1500
C) 2400 D) 3000
 
Answer & Explanation Answer: A) 1000

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Q:

Who is the Chief Economic Advisor to the Government of India?

A) Raghu Ram Rajan B) Arvind Subramanian
C) Rajiv Mahirishi D) Arvind Pangariya
 
Answer & Explanation Answer: B) Arvind Subramanian

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Incentre of Δ ABC is I. ∠ABC = 90° and ∠ACB = 70°. ∠AIC is

A) 115° B) 100°
C) 110° D) 105°
 
Answer & Explanation Answer: C) 110°

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

In what ratio is the segment joining points (2, 3) and (-2, 1) divided by the Y-axis?

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

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

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Q:

Male mosquitoes take their food from

A) human blood B) standing water
C) sap of plants D) dung and debris
 
Answer & Explanation Answer: C) sap of plants

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Filed Under: Animals and Birds
Exam Prep: Bank Exams

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Q:

Which one of the following is commonly used for pulp bleaching in the paper industry?

A) Mild sulphuric acid B) Glucose isomerase
C) peroxide D) Iodine and water
 
Answer & Explanation Answer: C) peroxide

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In a certain code language, '+' represents 'x', '-' represents '+', 'x' represents '÷' and '÷' represents '-'. What is the answer to the following question?

12 x 6 ÷ 5 + 4 = ?

A) 8 B) -18
C) 42 D) 18
 
Answer & Explanation Answer: B) -18

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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

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