Q:

If the average total cost are Rs 2400, average variable cost is Rs 1700 and quantity produced is 75 units, find the total fixed costs of the firm?

A) Rs 52500	B) Rs 127500
C) Rs 180000	D) Rs 60000

Answer & Explanation Answer: A) Rs 52500

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which process is not associated with mechanical weathering?

A) reactions with oxygen	B) frost wedging
C) biological oxygen activity	D) unloading

Answer & Explanation Answer: A) reactions with oxygen

Explanation:

The process that occurs when physical forces break rock into smaller pieces without changing the rock's chemical composition is called mechanical weathering.

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

For a price taking firm, average revenue is ______ market price.

A) half of	B) equal to
C) double of	D) less than

Answer & Explanation Answer: B) equal to

Explanation:

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Q:

First time which year the Railway Budget and the General Budget were presented separately?

A) 1923	B) 1947
C) 1952	D) 1977

Answer & Explanation Answer: A) 1923

Explanation:

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Q:

A manufacturer faces price elasticity of demand of a 1.25 for its product. If it lowers its price by 6.4%, the increase in quantity sold will be _____.

A) 5.15 percent	B) 7.65 percent
C) 8 percent	D) 5.12 percent

Answer & Explanation Answer: C) 8 percent

Explanation:

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Filed Under: Indian Economy
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Q:

Who was the first Indian Governor of Reserve Bank of India?

A) Sir Benegal Rama Rau	B) H V R Iengar
C) Sir C D Deshmukh	D) K G Ambegaonkar

Answer & Explanation Answer: C) Sir C D Deshmukh

Explanation:

Chintaman Dwarkanath Deshmukh, a member of the Indian Civil Service, was the first Indian Governor of the Bank.

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Filed Under: Famous Personalities
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Q:

Which Constitutional Amendment Act added Part IX-A ‘The Municipalities’ to Indian Constitution?

A) 74th Constitutional Amendment Act	B) 42nd Constitutional Amendment Act
C) 39th Constitutional Amendment Act	D) 10th Constitutional Amendment Act

Answer & Explanation Answer: A) 74th Constitutional Amendment Act

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

What is the SI unit of Charge?

A) Coulomb	B) Amperes
C) Watts	D) Joules

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