Questions

Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line. B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one. D) APS is positive at all income levels.
 
Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 922
Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which is the most important factor that determines whether advertising by manufacturing sector will lead to higher sales?

A) Demand is elastic B) Demand is inelastic
C) The product can be differentiated D) The product can be homogenous.
 
Answer & Explanation Answer: C) The product can be differentiated

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Mechanical energy is equal to

A) Kinetic energy + Chemical energy B) Kinetic energy + Potential energy
C) Kinetic energy + Heat energy D) Kinetic energy + Electrical energy
 
Answer & Explanation Answer: B) Kinetic energy + Potential energy

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which of the following Newton's laws of motion can explain why a ball thrown at a wall rebounds?

A) 1st law of motion B) 2nd law of motion
C) 3rd law of motion D) Neither of the laws
 
Answer & Explanation Answer: C) 3rd law of motion

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

Which one of the following statements is not correct?

A) India joined MTCR in 2016. B) India submitted a formal application for membership of the NSG in 2016.
C) India proposed the Comprehensive Convention on International Terrorism in 1996. D) The Common wealth Heads of Government Meeting (CHOGM) was held in 2016 at Malta.
 
Answer & Explanation Answer: D) The Common wealth Heads of Government Meeting (CHOGM) was held in 2016 at Malta.

Explanation:

The Commonwealth Heads of Government Meeting is held every 2 years. It is the association’s ultimate policy and decision-making forum. The November 2015 Meeting, to be held in Malta, had the theme of ‘Commonwealth –Adding Global Value’.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Select the missing number from the given alternatives

A) 19 B) 22
C) 26 D) 25
 
Answer & Explanation Answer: D) 25

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