Questions

Q:

If hiring an extra worker increases a factory's output from 1000 to 1200 units per day, but the factory has to reduce the price of its product from Rs. 25 to Rs. 24 per unit to sell the additional output, the marginal revenue product of the last worker is

A) Rs. 3800 B) Rs. 200
C) Rs. 4000 D) Rs. 100
 
Answer & Explanation Answer: A) Rs. 3800

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The GST (Goods and Services Tax), recently passed by Government will be levied on which of the following products?

A) Petroleum Crude B) Tobacco
C) Natural Gas D) Aviation Turbine Fuel
 
Answer & Explanation Answer: B) Tobacco

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2 B) 1.2
C) -1.5 D) 1.5
 
Answer & Explanation Answer: A) -1.2

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Pernicious

A) Beneficial B) Dangerous
C) Innocuous D) Advantageous
 
Answer & Explanation Answer: B) Dangerous

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Headquarters of Inland Waterways Authority of India (IWAI) is in

A) Lucknow B) Noida
C) Vadodara D) Varanasi
 
Answer & Explanation Answer: B) Noida

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Choose the odd word/letters/number/number pair from the given alternatives.

A) 6260 B) 8411
C) 9413 D) 5612
 
Answer & Explanation Answer: C) 9413

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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

2, 7, 14, 23, 34, ?

A) 47 B) 39
C) 42 D) 46
 
Answer & Explanation Answer: A) 47

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Q:

Who among the following is the current CEO of NITI Aayog?

A) Amitabh Kant B) Arvind Subramanian
C) Arvind Panagariya D) Sindhushree
 
Answer & Explanation Answer: A) Amitabh Kant

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Filed Under: Indian Politics

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