Questions

Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs B) price exceeds its average total costs
C) average variable costs exceed its average total costs D) fixed costs are zero
 
Answer & Explanation Answer: A) price exceeds its marginal costs

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Working capital is a measure of

A) liquidity B) consistency
C) profitability D) solvency
 
Answer & Explanation Answer: A) liquidity

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

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Q:

The demand curve facing a perfectly competitive firm is

A) downward sloping B) perfectly inelastic
C) a concave curve D) perfectly elastic
 
Answer & Explanation Answer: D) perfectly elastic

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Q:

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: D) decrease; increase

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Filed Under: Indian Economy
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Q:

Acacia arabica is the scientific name of

A) Neem B) Teak
C) Babhul D) Pomegranate
 
Answer & Explanation Answer: C) Babhul

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the battle of Panipat, Babar faced the armies of

A) Jaichand B) Hemu
C) Daulat khan D) Ibrahim Lodi
 
Answer & Explanation Answer: D) Ibrahim Lodi

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Filed Under: Indian History
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Q:

Petrodava Dacian Fortress is a famous archaeological landmark in

A) Chile B) Romania
C) Bulgaria D) France
 
Answer & Explanation Answer: B) Romania

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Filed Under: World Geography
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Q:

Which among the following is the brain of the computer?

A) Software B) Hardware
C) CPU D) Moniter
 
Answer & Explanation Answer: C) CPU

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Filed Under: Computer
Exam Prep: Bank Exams

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