Q:

The demand curve facing a perfectly competitive firm is

A) downward sloping	B) perfectly inelastic
C) a concave curve	D) perfectly elastic

Answer & Explanation Answer: D) perfectly elastic

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Who presented the first Union budget of independent India?

A) Morarji Desai	B) John Mathai
C) TT Krishnamachari	D) RK Shanmukham Chetty

Answer & Explanation Answer: D) RK Shanmukham Chetty

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Filed Under: Indian Economy
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Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs	B) price = average profit
C) price = marginal costs = minimum average total costs	D) price = minimum average variable costs

Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which is the only organ in the human boddy that can regrow/regenerate?

A) Pancreas	B) Spleen
C) Brain	D) Liver

Answer & Explanation Answer: D) Liver

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Filed Under: Biology
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Q:

Identify a use of the isotope of uranium.

A) Fuel in nuclear reactors	B) Treatment of goitre
C) Treatment of cancer	D) Fuel in aeroplanes

Answer & Explanation Answer: A) Fuel in nuclear reactors

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Filed Under: Chemistry
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Q:

Which of the following states does not share a border with Myanmar?

A) Assam	B) Mizoram
C) Nagaland	D) Manipur

Answer & Explanation Answer: A) Assam

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Filed Under: Indian Geography
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Q:

The Dr. B. C. Roy awards, instituted in 1962, are given to eminent achievers primarily from which field?

A) Medicine	B) Law
C) Sports	D) Journalism

Answer & Explanation Answer: A) Medicine

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who is the famous Indian actress who stars in the 'Quantico' TV series on American Broadcasting Corporation?

A) Alia Bhatt	B) Deepika Padukone
C) Priyanka Chopra	D) Malaika Arora

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