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Q:

The winner of the open competition for designing the Rupee sign '₹' was

 

A) Uday Kumar B) Vijay Kumar
C) Prem Kumar D) Pranav Kumar
 
Answer & Explanation Answer: A) Uday Kumar

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

Q:

Transperancy International (TI) has put India at rank ___ out of 168 countries in its Competition Perception Index as on January 2016.

A) 68 B) 76
C) 84 D) 101
 
Answer & Explanation Answer: B) 76

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

Which of the following is a characteristic of the monopolistic competition?

 

A) A large number of firms compete B) Each firm produces a differentiated product
C) Both answers A and B are correct D) Barriers to entry
 
Answer & Explanation Answer: C) Both answers A and B are correct

Explanation:

A large number of firms compete and Each firm produces a differentiated product is a characteristic of the market structure for monopolistic competition.

 

 

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

These regional teams : Dabang Mumbai, Kalinga Lancers, Ranchi Rays, and Delhi Waveriders play against each other in which sports league competition?

A) Pro Kabaddi League B) United Basketball Alliance
C) Indian Premier League D) Hockey India League
 
Answer & Explanation Answer: D) Hockey India League

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Filed Under: Sports
Exam Prep: Bank Exams

Q:

Which is the form of market where there is lack of competition?

A) Monopoly B) Oligopoly
C) Perfect competition D) Marketisation
 
Answer & Explanation Answer: A) Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

In a certain town, ST Bazaar is the only option for people to buy groceries. A healthy marketplace is characterized by competition and not monopoly. Which conclusion follows the given statements?

 

A) ST Bazaar is a family owned business B) ST Bazaar is a super market
C) ST Bazaar has a monopoly in the town D) ST Bazaar is liked by most people of the town
 
Answer & Explanation Answer: C) ST Bazaar has a monopoly in the town

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

Q:

Rearrange the parts of the sentence in correct order.As a result of greater competition

P : while others are contracting

Q : in the US computer industry

R : some computer companies are expanding

 

A) PQR B) QRP
C) PRQ D) QPR
 
Answer & Explanation Answer: B) QRP

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Filed Under: English
Exam Prep: Bank Exams

Q:

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

Statement:
(I) Major companies are nowadays surviving because of the strong supply chain system.
(II) Supply chain comprises of logistics, retailers and distributers.

Conclusions:
(I) Retailers play most important role because they interact with customers on first hand.
(II) If an organization has strong logistics, then product can easily be available to the customers in such an era of competition.

 

A) Only conclusion II follows B) Conclusion I and II both follow
C) Neither I nor II follow D) Only conclusion I follows
 
Answer & Explanation Answer: A) Only conclusion II follows

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams