Q:

In ____________, the short run equilibrium results in quantity produced being lesser and prices being higher compared to perfect competition.

A) Monopsony	B) Monopoly
C) Oligopoly	D) Monopolistic Competition

Answer & Explanation Answer: D) Monopolistic Competition

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The State Financial Corporations have given assistance mainly to develop___________.

A) agriculture farms	B) cottage industries
C) medium and small-scale industries	D) large scale industries

Answer & Explanation Answer: C) medium and small-scale industries

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Exam Prep: Bank Exams

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Q:

Which of the following is a risk taken by entrepreneurs in small business?

A) Interference with personal lives	B) Psychological stress
C) Social and family pressure	D) All of the above

Answer & Explanation Answer: D) All of the above

Explanation:

Some of the risks faced by entrepreneur of small business are:-

1. Funding of capital.
2. Adequate cashflows.
3. Social and family pressures.
4. Interference with personal lives.
5. psychological pressure.
6.Lack of motivation

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

Which of the following is used to get relief when you have been stung by a honeybee?

A) Common salt	B) Baking soda
C) Acetic acid	D) Washing soda

Answer & Explanation Answer: B) Baking soda

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

At which place a joint military exercise named 'SAMPRITI' was held in November 2017 between Bangladesh and India?

A) Mizoram	B) Madhya Pradesh
C) West Bengal	D) No option is correct

Answer & Explanation Answer: A) Mizoram

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

A) 5%	B) 10%
C) 2%	D) 15%

Answer & Explanation Answer: C) 2%

Explanation:

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Q:

An indifference curve measures ______________ level of satisfaction derived from different combinations of commodity X and Y.

A) same	B) higher
C) lower	D) minimum

Answer & Explanation Answer: A) same

Explanation:

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Exam Prep: Bank Exams

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Q:

Geospatial data can be obtained for the following

A) Dynamic location on Earth	B) Static location on Earth
C) Both 1 and 2	D) None of the above

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