Questions

Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient D) indicates that there is a direct relationship between quantity demanded and price
 
Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

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Filed Under: Indian Economy
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Q:

The consumption schedule relates:

A) disposable income to domestic income. B) consumption to the level of disposable income.
C) consumption to saving. D) saving to the level of disposable income.
 
Answer & Explanation Answer: B) consumption to the level of disposable income.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Maintenance   B)  Maintainence  
C) Maintanance   D)  Mainteinance
 
Answer & Explanation Answer: A) Maintenance  

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Filed Under: English
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.

 

All this suggests the intimate relations which exist between history, politics, and sociology. The ____________ thing, however, is not the identities but the distinctions.For, however much the _____________ disciplines may, in practice, overlap, it is necessary ________ the sake of clear thinking to have their limits defined. As far _______sociology and history are concerned the differences may be summed up in a word. __________ history and sociology are concerned with the life of man as man.

 

up in a word. __________ history and

 

A) Two B) Both
C) Twice D) Pair
 
Answer & Explanation Answer: B) Both

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Find the odd word/letters/number from the given alternatives.

A) Apartment B) Garage
C) Quarter D) Flat
 
Answer & Explanation Answer: B) Garage

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Q:

The market structure called monopoly exists where there is exactly ______ seller in any market.

A) 1 B) 2
C) 5 D) 10
 
Answer & Explanation Answer: A) 1

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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

Who among the following is considered as a political guru of Mahatma Gandhi?

A) Dadabhai Naoroji B) Gopal Krishna Gokhale
C) Lala Lajpat Rai D) Bal Gangadhar Tilak
 
Answer & Explanation Answer: B) Gopal Krishna Gokhale

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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