Bank Exams Questions

Q:

Short run marginal cost curve cuts the average variable cost curve from _______ at the minimum point of average variable cost.

A) top B) below
C) right D) left
 
Answer & Explanation Answer: B) below

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 1,800, and Rs 1,926 respectively, what is the rate of interest?

A) 7.5% B) 7%
C) 6% D) 6.5%
 
Answer & Explanation Answer: B) 7%

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Filed Under: Compound Interest
Exam Prep: Bank Exams

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Q:

From the given alternatives, select the word which CANNOT be formed using the letters of the given word.

Corporate

A) Poor B) Rate
C) Cat D) Prove
 
Answer & Explanation Answer: D) Prove

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Filed Under: Logical Sequence of Words
Exam Prep: Bank Exams

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Q:

If an interior of a regular polygon is 170o, then the number of sides of the polygon is

A) 30 B) 20
C) 18 D) 27
 
Answer & Explanation Answer: A) 30

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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

The law of demand states that

A) if the price of a good increases, the demand for that good decreases. B) if the price of a good increases, the the demand for that good increases.
C) if the price of a good increases, the quantity demanded of that good decreases. D) if the price of a good increases, the quantity demanded of that good increases.
 
Answer & Explanation Answer: C) if the price of a good increases, the quantity demanded of that good decreases.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

To become a member of the Rajya Sabha a person should be at least _____ years old.

A) 18 B) 30
C) 36 D) 24
 
Answer & Explanation Answer: B) 30

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

From the given alternatives, select the word which CANNOT be formed using the letters of the given word.

Resources

A) Source B) Rise
C) Pour D) Sour
 
Answer & Explanation Answer: B) Rise

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Filed Under: Logical Sequence of Words
Exam Prep: Bank Exams

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