Q:

A market situation when firms sell similar but not identical products is termed as

A) perfect competition	B) imperfect competition
C) monopolistic competition	D) oligopoly

Answer & Explanation Answer: C) monopolistic competition

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes.

In other words, large sellers selling the products that are similar, but not identical and compete with each other on other factors besides price.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 30908

Q:

During the Maratha period, who was the officer responsible for the village administration?

A) Havaladar	B) Patil
C) Chaudhary	D) Sardeshmukh

Answer & Explanation Answer: B) Patil

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

2 30809

Q:

Gandhara school of art came into existence in

Gandhara_school_of_art_came_into_existence_in1541400001.jpg image

A) Hinayana sect	B) Mahayana sect
C) Vaishanava sect	D) Shaiva sect

Answer & Explanation Answer: B) Mahayana sect

Explanation:

The Gandhara school of art came into existence in Mahayana sect.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

82 30751

Q:

Article 1 of the Constitution declares India as

A) Fedaral State	B) Quasi Federal State
C) Unitary State	D) Union of States

Answer & Explanation Answer: D) Union of States

Explanation:

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Filed Under: Indian Politics

100 30718

Q:

13 - Chambered heart occurs in

A) Leech	B) Earthworm
C) Snail	D) Cockroach

Answer & Explanation Answer: D) Cockroach

Explanation:

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Filed Under: Biology

376 30642

Q:

The famous Rock Garden is located in which city?

A) Jaipur	B) Simla
C) Lucknow	D) Chandigarh

Answer & Explanation Answer: D) Chandigarh

Explanation:

The famous Rock Garden which is also known as Nek Chand's Rock Garden after its founder Nek Chand, a government official who started the garden secretly in his spare time in 1957 is in the city Chandigarh.

The Rock Garden of Chandigarh is a sculpture garden in Chandigarh, India.

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Filed Under: Famous Places
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO , Database Administration , IT Trainer

105 30624

Q:

Who is known as the father of Pentium Chip?

A) Vinod Krishnan	B) Seymour I. Rubinstein
C) Sanjay Mokashi	D) Vinod Dham

Answer & Explanation Answer: D) Vinod Dham

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Which of the following awards was conferred on Mrs. Kiran Bedi

A) Saraswati	B) Golden Globe
C) Magsaysay	D) Rani Lakshmi

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