Questions

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

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Q:

If one more baker is hired the output of a bakery will increase from 1250 breads to 1400 breads per day, but then the bakery will have to reduce the price of the bread from Rs 15 to Rs 14 per unit to sell the additional output, the marginal revenue product of the last baker is _______.

A) Rs 850 B) Rs 150
C) Rs 1960 D) Rs 1875
 
Answer & Explanation Answer: A) Rs 850

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Look at the underlined part of each sentence. Below each sentence are given three possible substitutions for the underlined part. If one of them (a), (b) or (c) is better than the underlined part, indicate your response on the Answer Sheet against the corresponding letter. If none of the substitutions imporves the sentence, indicate (d) as your response on the Answer Sheet.

You must accustom yourself with new ideas.

A) accustomed with B) accustom to
C) accustom yourself to D) No improvement
 
Answer & Explanation Answer: C) accustom yourself to

Explanation:

Accustom is followed by ‘to’. So, the correct idiomatic expression will be ‘accustom yourself to’ or ‘get accustomed to’.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following elements has the lowest melting point?

A) Platinum B) Carbon
C) Cobalt D) Krypton
 
Answer & Explanation Answer: D) Krypton

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

"Earth provides enough to satisfy everyman's need but not everyman's greed". Who said this?

A) Guru Nanak Dev B) Mahatma Gandhi
C) Pope Paul VI D) Smt. Indira Gandhi
 
Answer & Explanation Answer: B) Mahatma Gandhi

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

In a triangle PQR, the side QR is extended to S. ∠QPR = 72° and ∠PRS = 110°, then the value of ∠PQR is

A) 38° B) 32°
C) 25° D) 29°
 
Answer & Explanation Answer: A) 38°

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Q:

In the triangle ABC,∠BAC = 50° and the bisectors of ∠ABC and ∠ACB meets at P. What is the value (in degrees) of ∠BPC?

A) 100 B) 105
C) 115 D) 125
 
Answer & Explanation Answer: C) 115

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Q:

A sentence/a part of the sentence is underlined. Four alternatives are given to the underlined part which will improve the sentence. Choose the correct alternative and click the button corresponding to it. In case no improvement is needed, click the button corresponding to "No improvement".

I bought four dozen of mangoes.

A) dozens of mango B) dozens of mangoes
C) dozen mangoes D) No improvement
 
Answer & Explanation Answer: C) dozen mangoes

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Filed Under: English
Exam Prep: Bank Exams

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