Questions

Q:

A raise in the price of a product causes

A) an increase in competition B) an increase in demand
C) a decrease in competition D) a decrease in supply
 
Answer & Explanation Answer: A) an increase in competition

Explanation:

The raise in the price of a product may be due to increase in cost of production, increase in the demand of the product and increase in the margin.

 

When the price of a product increases its demand may fall as per the Law of Demand and an increase in the competition.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Who is the author of "Two States"?

A) Chetan Bhagat B) Rohit Sharma
C) Amish D) Devdutta Patnaik
 
Answer & Explanation Answer: A) Chetan Bhagat

Explanation:
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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
Just punishment for wrong doing

A) Dandy B) Nemesis
C) Prodigy D) Wagon
 
Answer & Explanation Answer: B) Nemesis

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.
Rajesh ordered his driver to do as he was told.

A) Rajesh ordered his driver “Do as you are told”. B) Rajesh said to his driver “Do as I told you”.
C) Rajesh said to his driver “Do as you are told”. D) Rajesh said to his driver “Do as you were told”.
 
Answer & Explanation Answer: C) Rajesh said to his driver “Do as you are told”.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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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

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

In its _______________ phase, the big telco monopolies tried to levy a "tax" on all Internet content __________________. The Internet companies were then the new kids on the _________________. They and the Internet user community fought back such attempts. This was the first net neutrality war, and it ______________ the principle of ________________ on the Internet between different types of content or sites.

 

In its _______________ phase

 

A) nascent B) potential
C) fresh D)  promising
 
Answer & Explanation Answer: A) nascent

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The most abundant metal in the Earth's crust is

A) zinc B) copper
C) aluminium D) iron
 
Answer & Explanation Answer: C) aluminium

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The  rank  of  Captain  of  the  Indian  Navy  is equivalent to which one of the following?

A) Captain of the Indian Army B) Group Captain in the Indian Air Force
C) Lieutenant Colonel of the Indian Army D) Wing  Commander  of  the  Indian  Air Force
 
Answer & Explanation Answer: B) Group Captain in the Indian Air Force

Explanation:

Rank  of  captain  of  Indian  Navy  is equivalent   to   Group   captain   of Indian Air Force.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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