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Q:

Match the characteristics with their market structure:
(a) Price > MC in both short and long run
(b) Faces highly elastic demand

A) (a) Monopolistic competition, (b) Pure competition B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Monopolistic competition D) (a) Oligopoly, (b) Pure competition
 
Answer & Explanation Answer: B) (a) Pure Monopoly, (b) Monopolistic competition

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Filed Under: Indian Economy
Exam Prep: Bank Exams

Q:

Highest Civilian Honour received by Amitabh Bachchan is ___________.

A) Padma Shri B) Padma Bhushan
C) Padma Vibhushan D) Bharat Ratna
 
Answer & Explanation Answer: C) Padma Vibhushan

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

Q:

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

Statement:
(I) India's GDP continues to grow at one of the reasonable rates but job creation is not picking up the similar pace.
(II) Every year over 20 million young Indians join the workforce.

Conclusions:
(I) Population increase is more than the job creation rate.
(II) Supply basket is less and the demand basket for jobs is very high.

A) Only conclusion II follows B) Conclusion I and II both follow
C) Neither I nor II follow D) Only conclusion I follows
 
Answer & Explanation Answer: B) Conclusion I and II both follow

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

Q:

The pie chart shows the breakup of expenditure of a mining company for the year 2017. Study the diagram and answer the following questions.

The second highest expenditure is for which item?

A) Labour B) Storage
C) Legal D) Machine Lease
 
Answer & Explanation Answer: D) Machine Lease

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Filed Under: Pie Charts
Exam Prep: Bank Exams , CAT

Q:

In 2016, which company lost high profile legal battles with HP and Google?

A) Oracle B) Apple
C) Microsoft D) Intel
 
Answer & Explanation Answer: A) Oracle

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Filed Under: General Awareness
Exam Prep: Bank Exams

Q:

Which of the following is India's highest award in cinema given annually by the Government of India for lifetime contribution to Indian cinema?

A) Ashok Chakra B) Dada Saheb Phalke Awards
C) Arjuna Award D) Padma Shri
 
Answer & Explanation Answer: B) Dada Saheb Phalke Awards

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

Q:

_________ elects the President and the Vice President and removes judges of Supreme Court and High Court.

A) Ministry of Defence B) Lok Sabha
C) Prime Minister's Office D) Securities and Exchange Board of India
 
Answer & Explanation Answer: B) Lok Sabha

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Filed Under: Indian Politics
Exam Prep: Bank Exams

Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives.

There's more than the 101-seater dining table at the Falaknuma Palace that is awe inspiring. The library done in rosewood and mahogany is a place that will force anyone to pause, if only to admire the fine original polish, the furniture and the walnut carved high roof. The last is supposedly an imitation of the one at Windsor Castle.

The library is almost the size of a large banquet hall and acts as the passage to other parts of the palace including the dining area. For years the palace had no librarian because they couldn't find the right person to do justice to the treasure trove of books collected by the Nizam's family over several decades. That is until they found Asif Husain Arastu who belongs to the family that owned the famous A A Husain book store in Abids. So when his friend and historian Anuradha Naik pointed out the palace's requirement at the library, Husain was delighted. On his very first day as the librarian at the magnificent Taj Falaknuma palace, Asif Husain found a reference book on 'How to paint grass' by Alfred East.

Which part of the palace is an imitation of the Windsor Palace?

A) 101-seater dining table B) The library's roof
C) The banquet hall D) The library's furniture
 
Answer & Explanation Answer: B) The library's roof

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Filed Under: English
Exam Prep: Bank Exams