Questions

Q:

If for a perfectly competitive firm, price is Rs 7.2, output is 4500 units, average variable costs are Rs 1.2, and average total costs are Rs 4. The firm's profits are equal to

A) Rs 7200 B) Rs 9000
C) Rs 14400 D) Rs 19800
 
Answer & Explanation Answer: C) Rs 14400

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Filed Under: Indian Economy
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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

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Q:

A ceramic pottery unit hires 8 craftsmen by paying each of them Rs 900 per day. The 9th craftsman demands Rs 950 per day. If this craftsman is hired then all other craftsmen must be paid Rs 950. The marginal resource (labour) cost of the 9th craftsman is _________.

A) Rs 1530 B) Rs 1050
C) Rs 50 D) Rs 1350
 
Answer & Explanation Answer: D) Rs 1350

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Q:

Which part of the human brain is the centre for intelligence, memory and emotions?

A) Hypothalamus B) Cerebrum
C) Corpus Callosum D) Mid Brain
 
Answer & Explanation Answer: B) Cerebrum

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

In August 2017, RBI announced to transfer approximately how much amount for the Financial Year 2016-17 as a dividend to the Government?

A) Rs 30,659 crore B) Rs 50,650 crore
C) Rs 60,659 crore D) Rs 70,659 crore
 
Answer & Explanation Answer: A) Rs 30,659 crore

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Filed Under: Indian Politics
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Q:

As of February 2018, which Indian Paediatrician has been appointed as the Deputy Director General (Programmes) in the World Health Organisation (WHO)?

A) Dr. Indira Hinduja B) Dr. SI Padmavati
C) Dr. Kamini Rao D) Dr. Soumya Swaminathan
 
Answer & Explanation Answer: D) Dr. Soumya Swaminathan

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Filed Under: Famous Personalities
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Q:

In each of the following questions, a question is followed by information given in three statements. You have to decide the information given in which of the statements
is necessary and sufficient to answer the questions:


A, B, C, D and E are sitting in a circle. Are all of them facing the centre?


I. A is sitting second to the right of D; C is facing the centre and is not an immediate neighbour of D.
II. B, who is sitting between C and D, is second to the right of E, who is not an immediate neighbour of C. B and A are facing each other.
III. D is sitting on the immediate left of B, who is not sitting on the immediate left of A. E is on the immediate right of D.

A) Only I and II B) Only I and III
C) Either I and II, or III D) Any two of the three
 
Answer & Explanation Answer: D) Any two of the three

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Q:

Who is the author of the Indian English Novel 'Sita : Warrior of Mithila' published in 2017?

A) Rahul Mehta B) Chetan Bhagat
C) Amish Tripathi D) Robin Sharma
 
Answer & Explanation Answer: C) Amish Tripathi

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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