Q:

If the average total cost are Rs 2400, average variable cost is Rs 1700 and quantity produced is 75 units, find the total fixed costs of the firm?

A) Rs 52500	B) Rs 127500
C) Rs 180000	D) Rs 60000

Answer & Explanation Answer: A) Rs 52500

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line.	B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one.	D) APS is positive at all income levels.

Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Monetary policy refers to the actions the Federal Reserve takes to manage

A) income tax rates and interest rates to pursue its economic objectives.	B) government spending and income tax rates to pursue its economic objectives.
C) the money supply and income tax rates to pursue its economic objectives.	D) the money supply and interest rates to pursue its economic objectives.

Answer & Explanation Answer: D) the money supply and interest rates to pursue its economic objectives.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select No Error.

Many firms fail because when they begin (1)/ exporting, they have not research the (2)/ target markets or have not planned enough. (3)/ No error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: B) 2

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Filed Under: English
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 40 to Rs 30, quantity demanded increases from Q1 units to 7500 units. If point elasticity of demand is -1 find Q1?

A) 9000 units	B) 4500 units
C) 10500 units	D) 6000 units

Answer & Explanation Answer: D) 6000 units

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

WHICH OF THE FOLLOWING IS not A RENEWABLE SOURCE OF ENERGY?

A) Wind energy	B) Geothermal energy
C) Energy from fossils	D) Solar energy

Answer & Explanation Answer: C) Energy from fossils

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which aircraft carrier was formally inducted into the Indian Navy by Prime Minister Narendra Modi in the year 2014?

A) INS Vikrant	B) INS Vikramaditya
C) INS Viraat	D) INS Chakra

Answer & Explanation Answer: B) INS Vikramaditya

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Dwarfness can be controlled by treating plants with

A) Gibberellic acid	B) Cytokinin
C) Ethylene	D) Auxin

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