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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is a bank rate?

A) Rate at which Central bank of a country advances loans to other banks in the country B) Rate at which banks advance loans to the customers
C) Rate at which banks lend among themselves D) Rate at which banks lend to money lenders
 
Answer & Explanation Answer: A) Rate at which Central bank of a country advances loans to other banks in the country

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Filed Under: Indian Economy
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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Q:

Prostate gland is present below

A) the urinary bladder B) the kidneys
C) the scrotum D) the penis
 
Answer & Explanation Answer: A) the urinary bladder

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Filed Under: Biology
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Q:

The gas evolved when sodium carbonate reacts with hydrochloric acid is

A) Hydrogen B) Chlorine
C) Hydrogen Chloride D) Carbon dioxide
 
Answer & Explanation Answer: D) Carbon dioxide

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Filed Under: Chemistry
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Q:

In January 2018, who has been awarded the 9th Infosys award for engineering and computer science?

A) Sanghamitra Bondopadhyaya B) Ananya J. Kabir
C) Upinder Singh Bhalla D) Ritabrata Munsi
 
Answer & Explanation Answer: A) Sanghamitra Bondopadhyaya

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Filed Under: Honours and Awards
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Q:

Who is the first Indian player to score a century in his debut One day International Cricket match? The said player achieved this feat in 2016.

A) Karun Nair B) Hardik Pandya
C) Jayant Yadav D) K.L. Rahul
 
Answer & Explanation Answer: D) K.L. Rahul

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Filed Under: Sports
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Q:

To which dynasty did the famous patron of literature king Bhoja belong?

A) Chalukya B) Chola
C) Paramara D) Pala
 
Answer & Explanation Answer: C) Paramara

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Filed Under: Indian History
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