Questions

Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs B) price = average profit
C) price = marginal costs = minimum average total costs D) price = minimum average variable costs
 
Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1115
Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good B) Giffin good
C) Inferior good D) Normal good
 
Answer & Explanation Answer: A) Superior good

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1115
Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1115
Q:

Two identical resistors, each of 10 ohm, are connected in parallel. This combination, in turn, is connected to a third resistor of 10 ohm. The equivalent resistance of the combination is ___.

A) 30 ohm B) 5 ohm
C) 15 ohm D) 10 ohm
 
Answer & Explanation Answer: C) 15 ohm

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Physics
Exam Prep: Bank Exams

0 1115
Q:

How many seats are reserved for representatives of Scheduled Castes and Scheduled Tribes in Lok Sabha?

A) 39 B) 85
C) 109 D) 131
 
Answer & Explanation Answer: D) 131

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

0 1115
Q:

After how much time the laws made by Parliament on the state subjects during a National Emergency become inoperative and cease to operate?

 

A) Three months B) Six months
C) Nine months D) Twelve months
 
Answer & Explanation Answer: B) Six months

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Politics
Exam Prep: Bank Exams

1 1115
Q:

Collab is the new music video application launched by which major company?

A) Amazon B) Apple
C) Microsoft D) Facebook
 
Answer & Explanation Answer: D) Facebook

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

0 1114
Q:

In October 2017, who launched India’s 3rd biggest ‘Initial Public Offering (IPO)’ of Rs 11,370 crore?

 

A) Reliance Industries Ltd B) GIC Re
C) Coal India Ltd D) Infosys
 
Answer & Explanation Answer: B) GIC Re

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: General Awareness
Exam Prep: Bank Exams

1 1114