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:

Select the odd word/letters/number/number pair from the given alternatives.

A) ZBD	B) JLN
C) QSU	D) NOP

Answer & Explanation Answer: D) NOP

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: CAT , Bank Exams , AIEEE

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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:

What is the minimum age to qualify for Lok Sabha Elections?

A) 25 years	B) 30 years
C) 21 years	D) 18 years

Answer & Explanation Answer: A) 25 years

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What is the minimum paid-up equity capital for small finance banks?

A) Rs 10 crore	B) Rs 500 crore
C) Rs 100 crore	D) Rs 200 crore

Answer & Explanation Answer: C) Rs 100 crore

Explanation:

The minimum paid-up equity capital for small finance banks shall be Rs. 100 crore.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT

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Q:

"Smart Money" term is used for

A) Credit Card	B) Internet Banking
C) eBanking	D) Cash with Public

Answer & Explanation Answer: A) Credit Card

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Researchers from Columbia University Medical Centre in United States of America have converted which of the following into the world’s smallest data recorder?

A) Natural bacterial immune system	B) Magnetic tape
C) Viral snippet copies	D) No option is correct.

Answer & Explanation Answer: A) Natural bacterial immune system

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Who was the first woman president of Indian National Congress in pre-Independent India?

A) Vijayalakshmi Pandit	B) Sarojini Naidu
C) Annie Besant	D) Madam Cama

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