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

1 1168

Q:

___________ is an alternative way of representing the production function.

A) The Short Run	B) The Long Run
C) Isoquant	D) Average product

Answer & Explanation Answer: C) Isoquant

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Deindustrialisation means

A) uprooting of people from agriculture and planting them in industries	B) uprooting of people from agriculture and planting them in industries
C) a deliberate effort to compel the existing industries to shut down	D) a deliberate effort to promote the new industries

Answer & Explanation Answer: B) uprooting of people from agriculture and planting them in industries

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Management accountants would not

A) prepare reports primarily for external users.	B) be concerned with the impact of cost and volume on profits
C) assist in budget planning.	D) determine cost behavior.

Answer & Explanation Answer: A) prepare reports primarily for external users.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following causes damage to bridges, iron railings and all objects made of metals?

A) Reduction	B) Rancidity
C) Acidity	D) Corrosion

Answer & Explanation Answer: D) Corrosion

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which aircraft carrier was formally inducted into the Indian Navy by Prime Minister Narendra Modi in the year 2014?

A) INS Vikrant	B) INS Vikramaditya
C) INS Viraat	D) INS Chakra

Answer & Explanation Answer: B) INS Vikramaditya

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

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

A) 926	B) 122
C) 225	D) 491

Answer & Explanation Answer: C) 225

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Who was appointed as the head of the Jury of the International Film Festival of India in November 2015?

A) Anil Kapoor	B) Shekhar Kapoor
C) Anupam Kher	D) Naseeruddin Shah

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