Questions

Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs B) price exceeds its average total costs
C) average variable costs exceed its average total costs D) fixed costs are zero
 
Answer & Explanation Answer: A) price exceeds its marginal costs

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 693
Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 693
Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000 B) Rs 2000
C) Rs 1000 D) Rs 7000
 
Answer & Explanation Answer: A) Rs 3000

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

0 693
Q:

Expenses are recognized when

A) they are paid. B) they contribute to the production of revenue.
C) the invoice is received. D) they are billed by the supplier.
 
Answer & Explanation Answer: B) they contribute to the production of revenue.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

0 693
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.

 

The artist said, "I was painting a picture here at the bank of this river."

A) The artist said that he had been painting a picture here at the bank of that river. B) The artist said that he had been painting a picture there at the bank of this river.
C) The artist said that he had been painting a picture there at the bank of that river. D) The artist said that he had been painting a picture here at the bank of this river.
 
Answer & Explanation Answer: C) The artist said that he had been painting a picture there at the bank of that river.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 693
Q:

Gurinder Chadha, a Britisher of Indian-origin, has been honoured with the Sikh Jewel Award for 2017. In what line is Gurinder famous?

 

A) Athletics B) Journalism
C) Medicine D) Film-making
 
Answer & Explanation Answer: D) Film-making

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Honours and Awards
Exam Prep: Bank Exams

0 693
Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

 

There is renewed sense(A)/of urgency in(B)/completing the project.(C)/No error(D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: A) A

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 693
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.

 

This is the arresting and dominant fact about modern social discussion; that the quarrel is __________ merely about the difficulties, but about the aim. We agree about the evil; it is about the good that we should tear each ____________ eyes out. We all admit that a lazy aristocracy is a bad thing. We should not by ________ means all admit that an active aristocracy would be a good thing. We all feel angry with an irreligious priesthood; but some of us would _______ mad with disgust at a really religious one. Everyone is indignant if our army is weak, _____________ the people who would be even more indignant if it were strong.

 

our army is weak, _____________ the people who

 

 

A) include B) including
C) includes D) includable
 
Answer & Explanation Answer: B) including

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: English
Exam Prep: Bank Exams

0 693