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Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Government borrowing to finance budget deficits _____.

A) will exert downward pressure on interest rates B) will have no effect on interest rates
C) will increase supply of loanable funds D) will put upward pressure on interest rates
 
Answer & Explanation Answer: D) will put upward pressure on interest rates

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If quantity of a good demanded increases from 200 to 250 then the average income of the population increases from Rs 20,000 to Rs 30,000, find Arc Income elasticity of demand?

A) 1.45 B) 0.55
C) 2 D)  1.25
 
Answer & Explanation Answer: B) 0.55

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

A paragraph ______ number of sentences grouped together.

 

A) could be a   B) was a
C) would be D) is a
 
Answer & Explanation Answer: D) is a

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

WHICH OF THE FOLLOWING IS not A RENEWABLE SOURCE OF ENERGY?

A) Wind energy B) Geothermal energy
C) Energy from fossils D) Solar energy
 
Answer & Explanation Answer: C) Energy from fossils

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

In a concave mirror when the object is placed at infinity which of the following applies to the image?

A) Real, inverted, highly enlarged image at center of curvature (C) B) Real, inverted image of the same size at centre of curvature (C)
C) Real, inverted, diminished image between centre of curvature (C) and principal focus (F) D) Real, inverted, highly diminished image at focus
 
Answer & Explanation Answer: D) Real, inverted, highly diminished image at focus

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

Why does a piece of cloth, which appears green in sunlight, appear black when it is viewed under red light?

 

A) The cloth completely absorbs red colour wavelength B) It is due to refraction
C) It is the effect of scattering of light D) It is due to Parallax error
 
Answer & Explanation Answer: A) The cloth completely absorbs red colour wavelength

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Filed Under: Physics
Exam Prep: Bank Exams

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