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Q:

If one more cobbler is hired the output of a shoe making unit will increase from 50 pairs of shoes to 55 pairs per day, but then the shoe making unit will have to reduce the price of a pair of shoes from Rs 3200 to Rs 3000 per pair to sell the additional output, the marginal revenue product of the last cobbler is

A) Rs 1000 B) Rs 5000
C) Rs 4000 D) Rs 200
 
Answer & Explanation Answer: B) Rs 5000

Explanation:
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Filed Under: Simplification
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

In a code language, BURN is written as YFIM. What is the code for WOUND?

A) DLFMD B) DLFMW
C) DNFMW D) DPFMW
 
Answer & Explanation Answer: B) DLFMW

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Filed Under: Coding and Decoding
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one, which best expresses the same sentence in Passive/Active voice.


I took the grinder yesterday.

A) The grinder was took by me yesterday. B) The grinder was took by me the day before.
C) The grinder had been took by me the day before. D) The grinder was taken by me yesterday.
 
Answer & Explanation Answer: D) The grinder was taken by me yesterday.

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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT , GRE

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Q:

If 170% of a number added to 66, then the result becomes equal to twice of the number. What is the number?

A) 200 B) 220
C) 210 D) 236
 
Answer & Explanation Answer: B) 220

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Filed Under: Percentage
Exam Prep: Bank Exams , CAT

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Q:

What is the name of the God of Cricket Sachin Tendulkar's Autobiography?

A) Playing It My Way B) The Nice Guy Who Finished First
C) The Test of My Life D) Straight From The Heart
 
Answer & Explanation Answer: A) Playing It My Way

Explanation:

Playing It My Way is the name of the God of Cricket Sachin Tendulkar's Autobiography.

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Filed Under: Books and Authors
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

World Radio Day is observed on

A) 13th Feb B) 14th Feb
C) 11th Feb D) 15th Feb
 
Answer & Explanation Answer: A) 13th Feb

Explanation:

World Radio Day is observed on 13th February every year. The Day is organised by UNESCO. This Day is celebrated for 1st time in 2012.

 

World Radio Day 2019 theme is "Dialogue, Tolerance & Peace".

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Black markets are associated with

A) Price floors and the resulting product shortages B) Ceiling prices and the resulting product shortages
C) Price floors and the resulting product surpluses D) Ceiling prices and the resulting product surpluses
 
Answer & Explanation Answer: B) Ceiling prices and the resulting product shortages

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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:

The term market in economics refers to

Answer

The term market in economics refers to the place or arrangement where the buyers and sellers come to contact directly or indirectly for buying and selling goods. Market refers to not a specific or particular place it is the place for commodities..


The_term_market_in_economics_refers_to1559201392.jpg image

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Subject: Indian Economy Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

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