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.

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 920

Q:

__________________ is a good whose quantity demanded decreases when consumer income rises.

A) Veblen good	B) normal good
C) exclusive good	D) inferior good

Answer & Explanation Answer: D) inferior good

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 920

Q:

Which of the following Newton's laws of motion can explain why a ball thrown at a wall rebounds?

A) 1st law of motion	B) 2nd law of motion
C) 3rd law of motion	D) Neither of the laws

Answer & Explanation Answer: C) 3rd law of motion

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

0 919

Q:

Which one of the following statements is not correct?

A) India joined MTCR in 2016.	B) India submitted a formal application for membership of the NSG in 2016.
C) India proposed the Comprehensive Convention on International Terrorism in 1996.	D) The Common wealth Heads of Government Meeting (CHOGM) was held in 2016 at Malta.

Answer & Explanation Answer: D) The Common wealth Heads of Government Meeting (CHOGM) was held in 2016 at Malta.

Explanation:

The Commonwealth Heads of Government Meeting is held every 2 years. It is the association’s ultimate policy and decision-making forum. The November 2015 Meeting, to be held in Malta, had the theme of ‘Commonwealth –Adding Global Value’.

Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 918

Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units	B) 90 units
C) 60 units	D) 50 units

Answer & Explanation Answer: C) 60 units

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 918

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.

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 918

Q:

Salarjung Museum is located in ___.

A) Kolkata	B) Ahmadabad
C) Delhi	D) Hyderabad

Answer & Explanation Answer: D) Hyderabad

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Indian Geography
Exam Prep: Bank Exams

1 918

Q:

What is the sum of the measures of all the interior angles of a regular polygon of 9 sides?

A) 1260	B) 1440
C) 1800	D) 2340

Questions

Quick Links