Q:

When there is only one buyer and one seller of product, it is called _____ situation.

A) Public monopoly	B) Bilateral monopoly
C) Franchised monopoly	D) Monopsony

Answer & Explanation Answer: B) Bilateral monopoly

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.

A) USA	B) India
C) Soviet Union	D) Japan

Answer & Explanation Answer: C) Soviet Union

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is 3.2 findmP1?

A) Rs 85	B) Rs 80
C)	D) Rs 95

Answer & Explanation Answer: B) Rs 80

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following changes when a body performs uniform circular motion?

A) Mass	B) Momentum
C) Speed	D) Direction

Answer & Explanation Answer: D) Direction

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

How much per cent of th e Indian population h ave access tointernet in India in 2015?

A) 20 percent	B) 23 percent
C) 29 percent	D) 26 percent

Answer & Explanation Answer: D) 26 percent

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which statement about Ultrabook computers is false?

A) Utrabooks are equipped with SSD drives for fast start-up	B) Ultrabooks do not offer HDMI video output ports
C) Ultrabooks typically weigh less than 3 pounds	D) Ultrabooks have the fastest optical drives

Answer & Explanation Answer: D) Ultrabooks have the fastest optical drives

Explanation:

Ultrabooks have the fastest optical drives is the false statement in the given options about Ultrabook computers.

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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No error'.
I am vexed at him (1)/ for what all he has (2)/ done for him till date. (3)/ No Error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following events is NOT considered for the time being of Viceroy Lord Lytton?

A) Afghan War	B) Burma war
C) Arms Act	D) Press Act

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