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Q:

A market situation when firms sell similar but not identical products is termed as

 

A) perfect competition B) imperfect competition
C) monopolistic competition D) oligopoly
 
Answer & Explanation Answer: C) monopolistic competition

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes.

In other words, large sellers selling the products that are similar, but not identical and compete with each other on other factors besides price.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Find the missing number in the following puzzle?

 

A) 86 B) 98
C) 104 D) 112
 
Answer & Explanation Answer: B) 98

Explanation:

Here the answer is 98.

 

The logic in the given puzzle:

2+3 = 8
3+7 = (7+2)x3 = 27
4+5 = (5+3)x4 = 32
5+8 = (8+4)x5 = 60
6+7 = (7+5)x6 = 72

Similarly,

7+8 = (8+6)x7 = 98.

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Filed Under: Math Puzzles
Exam Prep: Bank Exams

63 27218
Q:

For any two real numbers a and b.

a-b2+b-a2 is

A) always zero B) never zero
C) positive only if a ≠ b D) positive if an only if a > b
 
Answer & Explanation Answer: C) positive only if a ≠ b

Explanation:
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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

1 27203
Q:

Which of the statements given below are correct?

1. The author of 'The Great Indian Novel' is A.P.J. Abdul Kalam.
2. The author of 'A Foreign Policy For India' is I.K Gujral.
3. 'Wings of Fire' is an Autobiography of A.P.J. Abdul Kalam.

A) 1 and 2 B) 2 and 3
C) 1 and 3 D) 1, 2 and 3
 
Answer & Explanation Answer: B) 2 and 3

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

4 27176
Q:

Article 360 of Indian Constitution, empowers whom to proclaim a Financial Emergency?

 

 

 

A) The Finance Minister of India   B) The Governor of Reserve Bank of India
C) The President of India D) Defence Minister of India
 
Answer & Explanation Answer: C) The President of India

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

2 27170
Q:

"Gilt-edged" means ___________.

 

A) bullion market   B) market of government securities  
C) market of guns D) market of pure metals
 
Answer & Explanation Answer: B) market of government securities  

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

0 27146
Q:

Match the characteristics with their market structure:

(a) Differentiated products, but close substitutes for consumers so their demand curves are elastic
(b) Homogeneous product, all goods are perfect substitutes for consumers

A) (a) Monopolistic Competition, (b) Pure Competition B) (a) Monopolistic Competition, (b) Pure Monopoly
C) (a) Pure Monopoly, (b) Pure Competition D) (a) Pure Monopoly, (b) Pure Competition
 
Answer & Explanation Answer: A) (a) Monopolistic Competition, (b) Pure Competition

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

1 27111
Q:

Smallest Taluk in Kerala State?

A) Kunnathur B) Eranad
C) Palakkad D) Alappuzha
 
Answer & Explanation Answer: A) Kunnathur

Explanation:

Kunnathur is the Smallest Taluk in Kerala State.

 

Smallest_Taluk_in_Kerala_State1557490637.jpg image 

 

Taluk :

 

In Kerala, the administrative divisions below the district are called Taluk. There are 77 Taluks in Kerala State.

 

Eranad is the Largest Taluk in Kerala State.

 

Palakkad is the Largest District in Kerala State.

 

Alappuzha is the Smallest District in Kerala State.

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Filed Under: Indian Geography
Exam Prep: CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

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