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Q:

For participating countries NAFTA called for

A) the gradual removal of trade restrictions B) a removal of workers rights
C) the development of a single currency D) a challenge to U.S. economic leadership
 
Answer & Explanation Answer: A) the gradual removal of trade restrictions

Explanation:

For participating countries NAFTA called for the gradual removal of trade restrictions.

NAFTA is The North American Free Trade Agreement is a treaty signed by Canada, Mexico, and the United States, creating a trilateral trade by removing restrictions on trade in North America. It came into effect on Jan 1st 1994.

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The supply curve for a monopolist is

A) Verticle B) Horizontal
C) Downward sloping D) Doesn't exist
 
Answer & Explanation Answer: D) Doesn't exist

Explanation:

A monopoly firm has no well-defined supply curve. In other words, there is no unique supply curve for the monopolist derived from his MC curve.

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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 point P(a,b) is first reflected in origin to P1 and P1 is reflected in y-­axis to (6,­-5). The co-­ordinates of point P are

A) (­-6,­-5) B) (6,5)
C) (­6,-5) D) (-6,­5)
 
Answer & Explanation Answer: B) (6,5)

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

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Q:

A can do a work in 16 days and B in 20 days. If they work on it together for 8 days, then what fraction of work is left?

A) 1/3 B) 1/6
C) 2/9 D) 1/10
 
Answer & Explanation Answer: D) 1/10

Explanation:
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Filed Under: Time and Work
Exam Prep: Bank Exams , CAT

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Q:

Who among the following is the first Indian female gymnast ever to compete in the Olympics?

A) Bindu Bhosle B) Dipa Kannakar
C) Jyoti More D) Aruna Reddv
 
Answer & Explanation Answer: B) Dipa Kannakar

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

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Q:

Consider the given question and decide which of the following statements is/are sufficient to answer the question.


Between X and Y who is the better dancer?

Statements :
1. X had given more dance auditions.
2. Y had given more stage performances.

A) Both statements 1 and 2 are sufficient B) Neither sufficient 1 nor 2 is sufficient
C) Statement 1 alone is sufficient while sufficient 2 alone is insufficient D) Statement 2 alone is suuficient while sufficient 1 alone is insufficient
 
Answer & Explanation Answer: D) Statement 2 alone is suuficient while sufficient 1 alone is insufficient

Explanation:
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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

The 2018 ICC Women's World Twenty20 was hosted in ______________ from 09th to 24th November 2018, during the 2018–19 international cricket season. 

A) Australia B) West Indies
C) South Africa D) India
 
Answer & Explanation Answer: B) West Indies

Explanation:

The 2018 ICC Women's World Twenty20 was hosted in the West Indies from 9 to 24 November 2018, during the 2018–19 international cricket season. It was the sixth edition of the ICC Women's T20 World Cup, and the second hosted by the West Indies (after the 2010 edition). The West Indies were the defending champions.

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Filed Under: Sports
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

In January 2018, the Companies (Amendment) Act, 2017 was notified. Few provisions in the amendment Act have important bearing on the working of the______.

A) Insolvency and Bankruptcy Code (IBC), 2016 B) NABARD (amendment) Bill, 2017
C) AMASR (amendment) Bill, 2017 D) No option is correct
 
Answer & Explanation Answer: A) Insolvency and Bankruptcy Code (IBC), 2016

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams , CAT

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