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Q:

Improve the bracketed part of the sentence.

 

The Centre should revisit (their) draft and incorporate the inputs of the report submitted by the standing committee and an expert panel.

A) its B) it’s
C) these D) No improvement
 
Answer & Explanation Answer: A) its

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Filed Under: English
Exam Prep: Bank Exams

Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Private companies do not produce new varieties and inputs ______ as a result of their own research.

A) sincerely B) purportedly
C) entirely D) abjectly
 
Answer & Explanation Answer: C) entirely

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Filed Under: English
Exam Prep: Bank Exams

Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

__________ of an input is defined as the change in output per unit of change in the input when all other inputs are held constant.

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: A) Marginal product

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

___________ is the set of all possible combinations of the two inputs that yield the same maximum possible level of output.

A) The Short Run B) The Long Run
C) Isoquant D) Average product
 
Answer & Explanation Answer: C) Isoquant

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Filed Under: General Science
Exam Prep: Bank Exams

Q:

____________ is the relationship between the variable input and output, keeping all other inputs are held constant.

A) Total product B) Average product
C) Isoquant D) The Long Run
 
Answer & Explanation Answer: A) Total product

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: B) Production function

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

Which of the following bank has signed a Memorandum of Understanding (MoU) with POORTI (Platform for Online Ordering & Rural Transformation of India) Agri Services Pvt. Ltd to enable farmers to purchase agricultural inputs like fertilizers, pesticides, seeds etc.?

A) State Bank of India B) Central Bank of India
C) Bank of Baroda D) Punjab Bank of India
 
Answer & Explanation Answer: C) Bank of Baroda

Explanation:

Bank of Baroda has signed a Memorandum of Understanding (MoU) with POORTI (Platform for Online Ordering & Rural Transformation of India) Agri Services Pvt. Ltd to enable farmers to purchase agricultural inputs like fertilizers, pesticides, seeds etc.POORTI provides a multi-party mobile commerce platform in vernacular for easy ordering of fertilizers, pesticides, seeds (beyond a given value) by farmers with loans given by various banks.

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Filed Under: General Awareness