Q:

The consumption and saving schedules reveal that the:

A) MPC and APC are equal at the point where the consumption schedule intersects the 45-degree line.	B) MPC is equal to or greater than one at all income levels.
C) MPC is greater than zero, but less than one.	D) APS is positive at all income levels.

Answer & Explanation Answer: C) MPC is greater than zero, but less than one.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Who is the Union Minister of the Ministry of Commerce and Industry as of February 2018?

A) Suresh Prabhu	B) Sushma Swaraj
C) Anand Geete	D) Uma Bharti

Answer & Explanation Answer: A) Suresh Prabhu

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Filed Under: Indian Politics
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Q:

Ping-pong Diplomacy is related to which of the following countries?

A) Myanmar	B) Japan
C) China	D) Taiwan

Answer & Explanation Answer: C) China

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Filed Under: General Awareness
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Q:

Which Indian city was gifted by the Portuguese as dowry to Charles II, the king of England, when he got married to the sister of the King of Portugal in 1662?

A) Daman	B) Cochin
C) Goa	D) Mumbai

Answer & Explanation Answer: D) Mumbai

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Filed Under: Indian History
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Q:

Parliament House in Delhi was constructed during

A) 1895-1900	B) 1901-1909
C) 1921-1927	D) 1931-1935

Answer & Explanation Answer: C) 1921-1927

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Filed Under: Indian History
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Q:

Government borrowing to finance budget deficits _____.

A) will exert downward pressure on interest rates	B) will have no effect on interest rates
C) will increase supply of loanable funds	D) will put upward pressure on interest rates

Answer & Explanation Answer: D) will put upward pressure on interest rates

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Q:

If for a perfectly competitive firm, price is Rs 7.2, output is 4500 units, average variable costs are Rs 1.2, and average total costs are Rs 4. The firm's profits are equal to

A) Rs 7200	B) Rs 9000
C) Rs 14400	D) Rs 19800

Answer & Explanation Answer: C) Rs 14400

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Filed Under: Indian Economy
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Q:

What is the valency of magnesium?

A) 1	B) 2
C) 3	D) 4

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