Questions

Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs B) price exceeds its average total costs
C) average variable costs exceed its average total costs D) fixed costs are zero
 
Answer & Explanation Answer: A) price exceeds its marginal costs

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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: D) decrease; increase

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Filed Under: Indian Economy
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Q:

Acacia arabica is the scientific name of

A) Neem B) Teak
C) Babhul D) Pomegranate
 
Answer & Explanation Answer: C) Babhul

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following scientists gave the law that governs the force of attraction/repulsion between two charged particles?

A) Charles Dufay B) Michael Faraday
C) Archimedes D) Charles Coulomb
 
Answer & Explanation Answer: D) Charles Coulomb

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Carouse

 

A) Quaff   B) Grieve  
C) Overlook   D) Ignore
 
Answer & Explanation Answer: A) Quaff  

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

Who is the author of "Our Impossible Love"?

A) Preeti Shenoy B) Ravinder Singh
C) Keshav Aneel D) Durjoy Datta
 
Answer & Explanation Answer: D) Durjoy Datta

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

During their rule the British persuaded or forced cultivators in Punjab to grow __________.

A) Jute B) Tea
C) Sugarcane D) Wheat
 
Answer & Explanation Answer: D) Wheat

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Filed Under: Indian History
Exam Prep: Bank Exams

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