Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs	B) price = average profit
C) price = marginal costs = minimum average total costs	D) price = minimum average variable costs

Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 901

Q:

If for the year a country's GDP was $990 million, consumer spending was $630 million, investment by businesses was $110 million, exports were $55 million and imports were $45 million, calculate government spending?

A) $260 million	B) $240 million
C) $480 million	D) $460 million

Answer & Explanation Answer: B) $240 million

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 901

Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period	B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales	D) How long it takes to sell merchandise inventory

Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

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Filed Under: Indian Economy
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0 901

Q:

Which of the following represents the CORRECT scheme of sub-groups at various levels in classification?

A) Kingdom → Phylum → Class → order → Family → Genus → Species	B) Kingdom → Order → Class → Family → Genus → Species → Phylum
C) Kingdom → Phylum → Order → Genus → Species → Class → Family	D) Phylum → Kingdom → Class → Order → Genus → Family → Species

Answer & Explanation Answer: A) Kingdom → Phylum → Class → order → Family → Genus → Species

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Filed Under: Biology
Exam Prep: Bank Exams

1 901

Q:

Which of the following is the main thinking part of the human brain?

A) Hind-brain	B) Cerebellum
C) Mid-brain	D) Fore-brain

Answer & Explanation Answer: D) Fore-brain

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Filed Under: Biology
Exam Prep: Bank Exams

5 901

Q:

__________ resources are those resources whose quantity is known.

A) Natural resources	B) Actual resources
C) Potential resources	D) Abiotic resources

Answer & Explanation Answer: B) Actual resources

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Filed Under: Indian Economy
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0 900

Q:

Isobars have _______.

A) Same mass numbers but different atomic numbers	B) Different mass numbers but same atomic numbers
C) Same mass and atomic numbers	D) Different mass and atomic numbers

Answer & Explanation Answer: A) Same mass numbers but different atomic numbers

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Filed Under: Chemistry
Exam Prep: Bank Exams

1 900

Q:

Who received the Dinanath Mangeshkar award for 2015?

A) Sanjay Leela Bhansali	B) Ranveer Kapoor
C) Anil Kapoor	D) Amir Khan

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