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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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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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:

Which one of the following is the name of Nobel Prize ­ winning Indian?

A) Vikram Sarabhai B) APJ Abdul Kalam
C) S. Pancharatnam D) C.V. Raman
 
Answer & Explanation Answer: D) C.V. Raman

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Filed Under: Honours and Awards
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Q:

Who among the following is not a Bharat Ratna recipient?

A) Bhimsen Joshi B) A.R. Rahman
C) Lata Mangeshkar D) M.S. Subbalakshmi
 
Answer & Explanation Answer: B) A.R. Rahman

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Q:

Who was the 2015 Men's Rugby World Cup Runner-Up?

A) New Zealand B) South Africa
C) Australia D) England
 
Answer & Explanation Answer: C) Australia

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Filed Under: Sports
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Q:

The age of the father 4 years ago was 8 times the age of his son. At present, the father's age is 4 times that of his son. Find the present age of son.

A) 9 years B) 7 years
C) 14 years D) 18 years
 
Answer & Explanation Answer: B) 7 years

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