Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores	B) Rs 300 crores
C) Rs 60 crores	D) Rs 250 crores

Answer & Explanation Answer: C) Rs 60 crores

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 1052

Q:

Which of the following scientists gave the law that governs the force of attraction/repulsion between two charged particles?

A) Charles Dufay	B) Michael Faraday
C) Archimedes	D) Charles Coulomb

Answer & Explanation Answer: D) Charles Coulomb

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Except Helium, all noble gases have how many electrons in the outermost shell?

A) 4	B) 8
C) 6	D) 10

Answer & Explanation Answer: B) 8

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Filed Under: Chemistry
Exam Prep: Bank Exams

1 1051

Q:

How many atoms will one mole of Carbon (C-12) contain?

A) 6.02 x 1023	B) 8.06 x 1020
C) 6.02 x 1026	D) 60.20 x 1026

Answer & Explanation Answer: A) 6.02 x 1023

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Filed Under: Chemistry
Exam Prep: Bank Exams

0 1051

Q:

Which one of the following statements is not correct?

A) When total utility is maximum, marginal utility is zero	B) When total utility is decreasing, marginal utility is negative
C) When total utility is increasing, marginal utility is positive	D) When total utility is maximum,marginal and average utility are equal to each other.

Answer & Explanation Answer: D) When total utility is maximum,marginal and average utility are equal to each other.

Explanation:

Total utility -It is total psychological satisfaction which a consumer derives from the consumption of a commodity is known as total utility

Marginal utility -It is anaddition made in total utility by consuming and additional unit of a commodity is known as marginal utility.

•When marginal utility is positive,total utility increases

•When marginal utility is zero,total utility is at maximum

•When marginal utility is negative,total utility decreases

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Filed Under: Indian Economy
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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2	B) 1.2
C) -1.5	D) 1.5

Answer & Explanation Answer: A) -1.2

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Q:

In the following question, select the odd word pair from the given alternatives.

A) Crop – Rice	B) Crop – Rubber
C) Crop – Wheat	D) Crop – Bajra

Answer & Explanation Answer: B) Crop – Rubber

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

The number of permanent members of the U.N. Security Council is

A) 5	B) 15
C) 10	D) 25

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