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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
P: When all the credit worthy people were given loans to a logical limit, they ceased to be a part of the market.
Q: Even this would have been understandable if it could work as an eye opener.
R: Owing to the materialistic culture elsewhere, it was possible to keep selling newer products to the consumers despite having existing ones which served equally
well.
S: They were lured through advertising and marketing techniques of 'dustbinisation' of the customer; and then finally, once they became ready customers, they were
given loans and credits to help them by more and more.

A) PRQS B) RSPQ
C) QSPR D) RPQS 
 
Answer & Explanation Answer: B) RSPQ

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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
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Q:

Growth in production (in percent) of which one of the following core industries in India during the period 2015-2016 was negative?

 

A) Natural gas B) Refinery products
C) Fertilizer D) Coal
 
Answer & Explanation Answer: A) Natural gas

Explanation:

Coal production (weight: 4.38 %) increased by 12.0 % in June 2016 over June 2015. Its cumulative index during April to June 2016-17 increased by 5.4% over corresponding period of previous year.Natural Gas

The Natural Gas production(weight: 1.71 %) decreased by 4.5 % in June 2016 over June 2015. Its cumulative index during April to June 2016-17 declined by 6.1 % over the corresponding period of previous year.Refinery Products (93% of Crude Throughput)

Petroleum Refinery production(weight: 5.94%) increased by 3.5 % in June 2016 over June 2015. Its cumulative index during April to June 2016-17 increased by 7.1 % over the corresponding period of previous year.Fertilizers

Fertilizer production(weight: 1.25%)increased by 9.8 % in June 2016 over June 2015. Its cumulative index during April to June 2016-17 increased by 11.0 % over the corresponding period of previous year.

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Filed Under: General Science
Exam Prep: Bank Exams

Q:

Statement I :

In Tundra climate, biodiversity is comparatively less.

Statement II :

Tundra climate has less reproductive warm period.

A) Both the statements are individually true and Statement II is the correct explanation of Statement I B) Both the statements are individually true but Statement II is not the correct explanation of Statement I
C) Statement I is true but Statement II is false D) Statement Iis false but Statement II is true  
 
Answer & Explanation Answer: B) Both the statements are individually true but Statement II is not the correct explanation of Statement I

Explanation:

Species richness is generally lower in the Arctic than at lower latitudes, and richness also tends to decline from the low to high Arctic.Many hypotheses have been advanced to explain the overall decline of biodiversity with increasing latitude, although there is still no consensus about a mechanistic explanation. Abiotic factors include lower available energy and area at high latitudes, and the relatively young age of Arctic ecosystems.

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Filed Under: Indian Geography
Exam Prep: Bank Exams

Q:

Which of the following commercial software products are examples of operatingsystem software and application software respectively?

A) Microsoft Windows XP and Microsoft Word B) Microsoft OfficeXPand Microsoft WindowsXP
C) MS DOS and Microsoft Windows XP D) UNIX and LINUX
 
Answer & Explanation Answer: A) Microsoft Windows XP and Microsoft Word

Explanation:

Microsoft Windows XP and Microsoft Word are examples of operating system software and application software respectively.

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Filed Under: Computer
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Q:

A market situation when firms sell similar but not identical products is termed as

 

A) perfect competition B) imperfect competition
C) monopolistic competition D) oligopoly
 
Answer & Explanation Answer: C) monopolistic competition

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes.

In other words, large sellers selling the products that are similar, but not identical and compete with each other on other factors besides price.

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Filed Under: Indian Economy
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Q:

When some goods or productive factors are completely fixed in amount, regardless of price, the supply curve is

A) horizontal B) downward sloping to the right
C) vertical D) upward sloping to the right
 
Answer & Explanation Answer: D) upward sloping to the right

Explanation:

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

 

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Filed Under: Indian Economy
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Q:

When some goods or productive factors are completely fixed in amount, regardless of price, the supply curve is

A) horizontal B) downward sloping to the right
C) vertical D) upward sloping to the right
 
Answer & Explanation Answer: D) upward sloping to the right

Explanation:

Although demand curves are typically downward sloping to reflect that consumers’ utility for a good diminishes with increased consumption, firm supply curves are generally upward sloping.The upward sloping character reflects that firms will be willing to increase production in response to a higher market price because the higher price may make additional production profitable.

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams