Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition	B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition	D) (a) Oligopoly, (b) Pure Monopoly

Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In October 2017, SEBI directed the stock exchanges to impose how much fine/penalty on those companies which do not comply with the minimum public shareholding norms?

A) Rs 5000 per day	B) Rs 12,000 per day
C) Rs 15,000 per day	D) Rs 20,000 per day

Answer & Explanation Answer: A) Rs 5000 per day

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Filed Under: Indian Economy
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Q:

One Watt = ?

A) 1 Joule/sec	B) 1 erg/sec
C) 1 Pascal/sec	D) 1 m/s

Answer & Explanation Answer: A) 1 Joule/sec

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Filed Under: Physics
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Q:

Which one of the following statements relating to the Directive Principles of State Policy is not correct?

A) The provisions contained in part IV of the Constitution of India shall not be enforceable by any Court.	B) The Directive Principle of State policy are fundamental in the governance of the country.
C) It shall be the duty of the State to apply the Directive Principle in making laws.	D) The Directive Principle are directed in making India an advanced capitalist country of the world.

Answer & Explanation Answer: D) The Directive Principle are directed in making India an advanced capitalist country of the world.

Explanation:

The Directive Principles of State Policy are enumerated in Part IV of the Constitution from Articles 36 to 51. The Directive Principles are non-justiciable in nature, that is, they are not legally enforceable by the courts for their violation. So, the Governments cannot be compelled to implement them.Although the Constitution in Article 37 itself says that these principles are fundamental in the governance of the country and it shall be the duty of the State to apply these principles in making laws. These principles reflect the ideology of socialism, Gandhian and liberalism.

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Filed Under: Indian Politics
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Q:

In April 2017, on the birth anniversary of Dr. B. R. Ambedkar which body announced the winners of Lucky Draw Schemes like ‘Lucky Grahak Yojana’ and ‘Digi-Dhan Vyapar Yojana’?

A) Reserve Bank of India	B) State Bank of India
C) National Payments Corporation of India	D) No option is correct

Answer & Explanation Answer: C) National Payments Corporation of India

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Filed Under: Indian Politics
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Q:

Released in 2016, which of the following is the first Malayalam movie to cross the 100-crore revenue mark?

A) Drishyam	B) Oru Vadakkan Selfie
C) Pulimurugan	D) Premam

Answer & Explanation Answer: C) Pulimurugan

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Filed Under: Honours and Awards
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Q:

Which Indian player won the Yonex US Open Badminton Tournament in 2017?

A) Srikanth Kidambi	B) HS Prannoy
C) Sameer Varma	D) Ajay Jayaram

Answer & Explanation Answer: B) HS Prannoy

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Two football players A and B from opposing teams start from the same corner. A runs 35 m East, then 15 m South, turns to his right and runs 60 m.Meanwhile B runs 20 m North, then 25 m West, turns left and runs 20 m. What is the position of B with respect to A?

A) 15 m North	B) 5 m North
C) 15 m South	D) 5 m South

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