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Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

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

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Filed Under: Indian Economy
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) Children start writing with a pen in sixth standard.
(II) Ink pen is prescribed by most of the schools for school kids to write with as it maintains the handwriting and comfort of child.

Conclusions:
(I) Till fifth standard kids are unable to use pen on their own completely.
(II) Ink pen maintains a proper flow of ink on paper and takes less effort to put words on paper.

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: C) Neither I nor II follow

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

Q:

In the following question, sentence given with blank is to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

A large crowd ____________ to get a glimpse of their favourite star.

A) gathered B) rallied
C) clustered D) compiled
 
Answer & Explanation Answer: A) gathered

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Filed Under: English
Exam Prep: Bank Exams

Q:

Find two numbers such that their mean proportion is 8 and third proportion is 64.

A) 4 and 8 B) 8 and 16
C) 8 and 8 D) 4 and 16
 
Answer & Explanation Answer: D) 4 and 16

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams

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:

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) Retail shops increasingly want to retain potential buyers.
(II) 10 % of the customers are lost due to out of stock products.


Conclusions:
(I) People don't find their sizes or specific color in stock and then they leave the store without any purchase.
(II) Retailers want maximum footfall to get converted into purchases.

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:

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives.

Due to poor rainfall over the past few months, the vadu mangai season is expected to be short this year. There are two distinct varieties available in the vicinity of Coimbatore. The closest to Coimbatore, and the one that appears in the markets first, is the Thadagam variety. The second and more popular variety is the one from the Thirumoorthy Hills, near Udumalpet. Representatives from commercial pickle brands whisk these mangais away in big lots directly from the wholesalers. Only a small portion of the year's harvest trickles down to the local markets. Small vendors bring sacks full of these tiny tender mangoes to one particular street corner in Ram Nagar during the season. The corner of Rajaji Road and Sathyamurthy Road plays host to these vendors from as early as 7.00 am every day. Depending on the quantity they have, the mangais are available until around 11.00 am. If the vendors have a good day and their produce is sold quickly, they pack up and leave even as early as 9.00 am.

Which of the following best describes the vadu mangai mangoes?

A) Big and juicy B) Orange but raw
C) Tiny and tender D) Sour and sweet
 
Answer & Explanation Answer: C) Tiny and tender

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Filed Under: English
Exam Prep: Bank Exams

Q:

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives.

Due to poor rainfall over the past few months, the vadu mangai season is expected to be short this year. There are two distinct varieties available in the vicinity of Coimbatore. The closest to Coimbatore, and the one that appears in the markets first, is the Thadagam variety. The second and more popular variety is the one from the Thirumoorthy Hills, near Udumalpet. Representatives from commercial pickle brands whisk these mangais away in big lots directly from the wholesalers. Only a small portion of the year's harvest trickles down to the local markets. Small vendors bring sacks full of these tiny tender mangoes to one particular street corner in Ram Nagar during the season. The corner of Rajaji Road and Sathyamurthy Road plays host to these vendors from as early as 7.00 am every day. Depending on the quantity they have, the mangais are available until around 11.00 am. If the vendors have a good day and their produce is sold quickly, they pack up and leave even as early as 9.00 am.

The more popular vadu mangai mangoes are from:

 

A) Udumalpet B) Coimbatore
C) Thirumoorthy Hills D) Ram Nagar
 
Answer & Explanation Answer: C) Thirumoorthy Hills

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Filed Under: English
Exam Prep: Bank Exams