Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs	B) price exceeds its average total costs
C) average variable costs exceed its average total costs	D) fixed costs are zero

Answer & Explanation Answer: A) price exceeds its marginal costs

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Economics assumes that

A) people have unlimited desires but limited resources	B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency	D) people are emotional and make irrational decisions

Answer & Explanation Answer: A) people have unlimited desires but limited resources

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Working capital is a measure of

A) liquidity	B) consistency
C) profitability	D) solvency

Answer & Explanation Answer: A) liquidity

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

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Q:

Which of the following scientists gave the law that governs the force of attraction/repulsion between two charged particles?

A) Charles Dufay	B) Michael Faraday
C) Archimedes	D) Charles Coulomb

Answer & Explanation Answer: D) Charles Coulomb

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which one of the following issues was included in the Indo-US Nuclear Agreement of 2007?

A) India has 'advance right to reprocess' US-origin safeguarded spent fuel.	B) India did not have the right to build a strategic fuel reserve with the help of the other supplier countries
C) India should not test a nuclear device	D) The US will impede with the growth of India's nuclear weapons programme.

Answer & Explanation Answer: C) India should not test a nuclear device

Explanation:

The deal would indirectly bring India under purview of NSG and US laws that would not allow India to conduct nuclear test in the future. The issue of nuclear test was later clarified as the moratorium on nuclear test was unilateral and voluntary and there was no pressure on India from outside.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

As of February 2018, who is the Chief Minister of Kerala?

A) Oomen Chandy	B) AK Antony
C) VS Achuthanandan	D) Pinarayi Vijayan

Answer & Explanation Answer: D) Pinarayi Vijayan

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Acceleration is

A) Inversely proportional to force	B) Inversely proportional to mass
C) Directly proportional to mass	D) Directly proportional to force

Answer & Explanation Answer: D) Directly proportional to force

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

The Tableau of which state was adjudged best at the Republic Day parade?

A) Gujarat	B) Uttar Pradesh
C) Tripura	D) Assam

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