Q:

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product	B) Production function
C) Total product	D) Average product

Answer & Explanation Answer: B) Production function

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

A) Supply	B) Demand
C) Price	D) Stock Market

Answer & Explanation Answer: C) Price

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity of demand?

A) 0.55	B) 1.66
C) 0.25	D) 1.22

Answer & Explanation Answer: D) 1.22

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, select the odd word pair from the given alternatives.

A) Square – Four	B) Pentagon – Five
C) Rectangle – Three	D) Triangle – Three

Answer & Explanation Answer: C) Rectangle – Three

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Which of the following countries will host the International Conference on Information and Communication Technology (ICT)?

A) India	B) Nepal
C) Mauritius	D) Bangladesh

Answer & Explanation Answer: B) Nepal

Explanation:

International Conference on Information and Communication Technology (ICT) will be held in Kathmandu, Nepal (from 17th June). The Theme of the two-day conference is “Sustainable Development Goals for Smart Society”.
The objective of the conference is to bring government and private sector together for developing a plan of action using sustainable ICT applications.

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Filed Under: World Organisations
Exam Prep: Bank Exams

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Q:

Who won the 2016 men's singles Wimbledon Championship?

A) Novak Djokovic	B) Andy Murray
C) Roger Federer	D) Milos Raonic

Answer & Explanation Answer: B) Andy Murray

Explanation:

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Which team created history by winning the Ranji Trophy for the first time in January 2018?

A) Kerala	B) West Bengal
C) Odisha	D) Vidarba

Answer & Explanation Answer: D) Vidarba

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

World War I started in the year?

A) 1914	B) 1919
C) 1939	D) 1945

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