Questions

Q:

Which of the following is necessary for a natural monopoly?

 

A) economies of scale B) a high proportion of the total cost as the cost of capital goods
C)  very small market D) All options are correct.
 
Answer & Explanation Answer: D) All options are correct.

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

According to John Maynard Keynes, employment depends upon

 

A) aggregate demand B) aggregate supply
C) effective demand D) rate of interest
 
Answer & Explanation Answer: C) effective demand

Explanation:

J.M Keynes’ theory of employment is a demand-deficient theory. This means that Keynes visualised employment from the demand side of the model. His theory is a demand-oriented approach, as opposed to the classical supply side model.

According to him,the volume of employment in a country depends on the level of effective demand of people for goods and services. Thus, unemployment is attributed to the deficiency of effective demand.

 

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Filed Under: Indian Economy
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Q:

For how much duration members of municipalities are elected?

 

 

A) Two years B) Three years
C) Five years D) Six years
 
Answer & Explanation Answer: C) Five years

Explanation:
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Filed Under: Indian Politics
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Q:

What does TCP stand for with respect to computer networks?

 

A) Transmission Control Protocol B) Transfer Call Plan
C) Transfer Control Process D) Transmission Call Protocol
 
Answer & Explanation Answer: A) Transmission Control Protocol

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Filed Under: Computer
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Q:

Voting rights in the IMF are distributed on the basis of ___________.

 

A) one country one vote B) proportion to the share of the income of the country in the world income
C) proportion to contributions given by each country   D) proportion to quota allotted to countries from timed to time  
 
Answer & Explanation Answer: D) proportion to quota allotted to countries from timed to time  

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Who was appointed as new Brand Ambassador for Swachh Bharat Mission in 2017 ?

A) Priyanka Chopra B) Shilpa Shetty
C) Kangana Ranaut D) Anushka Sharma
 
Answer & Explanation Answer: B) Shilpa Shetty

Explanation:

The government has roped in actress Shilpa Shetty as a brand ambassador for the Modi government's cleanliness initiative Swachh Bharat Mission.

The 41-year-old actress will feature in TV and radio campaigns aimed at discouraging people from littering on roads. Soon, campaign posters featuring her will be displayed at various places across the country.

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Filed Under: General Awareness
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Job Role: Bank Clerk

114 23299
Q:

Match the characteristics with their market structure:

(a) MC = Price
(b) Firm will tend to set output so that it earns maximum profits.

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

Explanation:
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Filed Under: Indian Economy
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Q:

Which Indian body warned against recording its sessions using mobile phones?

 

 

A) Supreme Court B) Reserve Bank of India
C) Rajya Sabha D) Defence Ministry
 
Answer & Explanation Answer: C) Rajya Sabha

Explanation:
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