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Q:

The demand curve facing a perfectly competitive firm is

Answer

Demand curve is the relationship between price and quantity of product. In perfect competition, the demand curve for the product by a firm is perfectly elastic at maket price.

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Subject: Business Awareness Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Fixed cost per unit increases when

A) variable cost per unit decreases B) production volume decreases
C) variable cost per unit increases D) production volume increases
 
Answer & Explanation Answer: B) production volume decreases

Explanation:

Fixed cost per unit increases when production volume decreases. The fixed cost per unit does not always remain the same. Fixed cost per unit increases when production volume decreases and vice versa.

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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 'Cabinet Mission' of 1946 was led by

A) Lord Linlithgow B) Lord Mountbatten
C) Sir Pethic Lawrence D) Sir Mountford
 
Answer & Explanation Answer: C) Sir Pethic Lawrence

Explanation:
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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The instrument used to measure Blood Pressure is

A) Sphygmomano-meter B) Thermometer
C) ECG D) Stethoscope
 
Answer & Explanation Answer: A) Sphygmomano-meter

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The chemical that is used to ripen mangoes is

A) Calcium sulphide B) Calcium carbide
C) Calcium carbonate D) Calcium chloride
 
Answer & Explanation Answer: B) Calcium carbide

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Some writers have claimed that the ___________ of persons are incapable of even fairly correct reasoning, pointing to the absurd ideas entertained by the masses of people as a proof _______ the statement. These writers are probably a little radical _______ their views and statements, but one is often struck ______ wonder at the evidences of incapacity for interpreting __________ and impressions on the part of the general public.

 

often struck ______ wonder at

 

A) with   B) against  
C) around D) above
 
Answer & Explanation Answer: A) with  

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

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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.

 

Mollify

 

A) Pacify B) Agitate
C) Provoke D) Worry
 
Answer & Explanation Answer: A) Pacify

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

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Q:

Who was the first American to win Nobel peace prize?

A) Abraham Lincoln B) George Bush Sr
C) Theodore Roosevelt D) Franklin Roosevelt
 
Answer & Explanation Answer: C) Theodore Roosevelt

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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