Questions

Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Demand is said to be elastic when the

A) change in quantity demanded is less than the change in price B) change in quantity demanded is greater than the change in price
C) percentage change in quantity demanded is greater than the percentage change in price D) percentage change in quantity demanded is less than the percentage change in price
 
Answer & Explanation Answer: B) change in quantity demanded is greater than the change in price

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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.

 

There is now a reasonably ______ body of evidence suggesting that, even from the most rigorous scientific perspective, unselfishness and concern for others are not only in our own interests but also, in a sense, innate to our biological nature.

A) substantial B) small
C) insignificant D) ethereal
 
Answer & Explanation Answer: A) substantial

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, sentence given with blank to be filled in with an appropriate word(s). Four alternatives are suggested for the question. Choose the correct alternative out of the four and indicate it by selecting the appropriate option.

 

The traditional way of saying that you feel fine is to say that you are __________.

A) alright B) all correct
C) all good D) all right
 
Answer & Explanation Answer: D) all right

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following does not come under Fundamental Duty?

A) To safeguard public property B) To protect and improve the natural environment
C) To promote harmony D) To protect freedom of speech and expression
 
Answer & Explanation Answer: D) To protect freedom of speech and expression

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Study the Bar diagram carefully and answer the questions. The Bar diagram shows the trends of foreign direct investment (FDI) into India from all over the World (in Rs. crores).

The ratio of investment in 1997 to the average investment is

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

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Q:

In the following question, select the odd word pair from the given alternatives.

A) Square – Four B) Pentagon – Five
C) Rectangle – Three D) Triangle – Three
 
Answer & Explanation Answer: C) Rectangle – Three

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Q:

Which of the following organisation has approved a $25-30 billion commitment plan for India for the 2019-22 period? 

A) United Nations  B) World Bank 
C) UNCTAD  D) New Development Bank 
 
Answer & Explanation Answer: B) World Bank 

Explanation:

The World Bank Group (WBG) has approved a $25-30 billion commitment plan for India for the 201922 period. The new Country Partnership Framework (CPF), endorsed by the WBG board of executive directors focuses on the development priorities of the country - resource efficient and inclusive growth, job creation and building its human capital. The WBG institution comprises of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams

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