Questions

Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24 B) 18
C) 36 D) 60
 
Answer & Explanation Answer: C) 36

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

As per the data released by the Income­Tax Department in December 2017, how much percent of total population paid income tax in the assessment year 2015­16?

A) 1.7 B) 5.7
C) 9.7 D) 11.7
 
Answer & Explanation Answer: A) 1.7

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Filed Under: Indian Economy
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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit B) Amit Mishra
C) Amartya Sen D) Abhijit Banerjee
 
Answer & Explanation Answer: C) Amartya Sen

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Filed Under: Indian Economy
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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'.

Students who attempted the questions paper (1)/ have met some of their professors, seeking (2)/ informed answers to these questions. (3)/ No error. (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

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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 Active/Passive voice. Out of four alternatives suggested, select the one, which best expresses the same sentence in Passive/Active voice.

They will advise me about the price of the accessories.

A) I will have been advised about the price of the accessories. B) I would have been advised about the price of the accessories.
C) I shall be advised about the price of the accessories. D) I would have had been advised about the price of the accessories.
 
Answer & Explanation Answer: C) I shall be advised about the price of the accessories.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Select the missing number from the given responses.

A) 1 B) 4
C) 9 D) 25
 
Answer & Explanation Answer: D) 25

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Q:

The simple interest on a sum for 5 years is two­fifth of the sum. The rate of interest per annum is

A) 0.1 B) 0.08
C) 0.06 D) 0.04
 
Answer & Explanation Answer: B) 0.08

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Q:

The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees)

A) 11,320 B) 12,000
C) 12,320 D) 12,500
 
Answer & Explanation Answer: C) 12,320

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