Q:

In which market form, a market or an industry is dominated by a single seller?

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

Answer & Explanation Answer: B) Monopoly

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50	B) Rs 850
C) Rs 800	D) Rs 100

Answer & Explanation Answer: B) Rs 850

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A pair of contrasting characters controlling the same trait is called

A) factors	B) loci
C) allele	D) lineage

Answer & Explanation Answer: C) allele

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

The pressure inside the cabin of the aircraft flying at an altitude is

A) The same as that outside	B) Less than that outside
C) More than that outside	D) Normal atmospheric pressure at sea level

Answer & Explanation Answer: C) More than that outside

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Vernal Equinox occurs on

A) June 22	B) March 20
C) May 20	D) June 20

Answer & Explanation Answer: B) March 20

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

IRDAI has given its approval to LIC for the stake purchase, that will help get a capital support of Rs 10,000- 13,000 crore in which of the following state-owned banks?

A) Union Bank of India	B) IDBI Bank
C) United Bank of India	D) Indian Bank

Answer & Explanation Answer: B) IDBI Bank

Explanation:

Life Insurance Corporation of India is all set to become a knight in shining armour for the ailing IDBI Bank. In a first-of-its-kind transaction, the Insurance Regulatory and Development Authority of India (IRDAI) has approved a proposal allowing the former to acquire a majority stake in the bank.

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Filed Under: General Awareness

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Q:

Ramesh starts his journey by walking 2 kilometres towards North. Then he takes a right turn and walks 1 kilometre. Again takes a right turn and walks 2 kilometre. Now which direction is he facing?

A) East	B) West
C) South	D) North

Answer & Explanation Answer: C) South

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

ΔABC is similar to ΔDEF. If the ratio of similar sides is K:1, the ratio of their areas is

A) k2:1	B) 2k:1
C) k22:1	D) 2k2:1

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