Questions

Q:

7 workers work in a printing press. Each gets paid Rs 450 per day. The 8th worker demands Rs 500 per day. If this worker is hired then all other workers must be paid Rs 500. The marginal resource (labour) cost of the 8th worker is _______.

A) Rs 50 B) Rs 850
C) Rs 400 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

__________ says that if we keep increasing the employment of an input, with other inputs fixed, eventually a point will be reached after which the resulting addition to output (i.e., marginal product of that input) will start falling.

A) Law of diminishing marginal product B) Law of variable proportions
C) The Short Run D) The Long Run
 
Answer & Explanation Answer: A) Law of diminishing marginal product

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A growing country is one with ___________ there.

A) rising GNP at constant prices B) rising GNP at current prices
C) constant GNP at constant prices D) No option is correct
 
Answer & Explanation Answer: A) rising GNP at constant prices

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which country among the following is the smallest in terms of area?

A) Brazil B) India
C) Canada D) Russia
 
Answer & Explanation Answer: B) India

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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

What is the heat generated (in J) in a heating element of resistance 800 Ω when a current of 0.2 A passes through it for 40 seconds?

 

A) 6400   B) 1280  
C) 640   D) 3200
 
Answer & Explanation Answer: B) 1280  

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

As of 2018, who is the chairman of the University Grants Commission (UGC)?

A) Najma Heptulla B) Anil Saharbudhe
C) V.K. Saraswat D) D.P. Singh
 
Answer & Explanation Answer: D) D.P. Singh

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

What of the following refers to hypotheses which are confirmed by varied tests?

A) Assumption B) Theory
C) Answer D) Opinion
 
Answer & Explanation Answer: B) Theory

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Who among the following was honoured with the IAAF male Athlete of year Award for 2017 at a award ceremony in Monaco in November 2017?

 

A) Mutaz Essa Barshim B) Usain Bolt
C) Mo Farah D) Wayde van Niekerk
 
Answer & Explanation Answer: A) Mutaz Essa Barshim

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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