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Q:

The demand curve facing a perfectly competitive firm is

Answer

Demand curve is the relationship between price and quantity of product. In perfect competition, the demand curve for the product by a firm is perfectly elastic at maket price.

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

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Q:

Fixed cost per unit increases when

A) variable cost per unit decreases B) production volume decreases
C) variable cost per unit increases D) production volume increases
 
Answer & Explanation Answer: B) production volume decreases

Explanation:

Fixed cost per unit increases when production volume decreases. The fixed cost per unit does not always remain the same. Fixed cost per unit increases when production volume decreases and vice versa.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The 'Cabinet Mission' of 1946 was led by

A) Lord Linlithgow B) Lord Mountbatten
C) Sir Pethic Lawrence D) Sir Mountford
 
Answer & Explanation Answer: C) Sir Pethic Lawrence

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

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Q:

Who discovered Uranus?

A) Sir Isaac Newton B) William Henry Fox Talbot
C) William Herschel D) Nicolaus Copernicus
 
Answer & Explanation Answer: C) William Herschel

Explanation:
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Filed Under: Inventions
Exam Prep: Bank Exams

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Q:

Which institution is known as 'Soft Loan Window' of World Bank?

A) IDBI B) IDA
C) IMF D) RBI
 
Answer & Explanation Answer: B) IDA

Explanation:
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Filed Under: General Awareness

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Q:

Person who is colour-blind cannot distinguish between

A) Black and yellow B) Red and green
C) Yellow and white D) Green and blue
 
Answer & Explanation Answer: B) Red and green

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

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

Made or done in the traditional or original way

 

A) Authentic   B) Effigy  
C) Archetype   D) Forge
 
Answer & Explanation Answer: A) Authentic  

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

Which of the following is a major river in Bangladesh which is also the main distributary of the Ganges?

A) Gandak B) Kosi
C) Gomati D) Padma
 
Answer & Explanation Answer: D) Padma

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

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