Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

A) (a) Pure competition, (b) Pure Monopoly	B) (a) Pure Monopoly, (b) Monopolistic competition
C) (a) Pure competition, (b) Oligopoly	D) (a) Monopolistic competition, (b) Oligopoly

Answer & Explanation Answer: D) (a) Monopolistic competition, (b) Oligopoly

Explanation:

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Filed Under: Indian Economy
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Q:

The closest example of a centrally planned economy is the __________ for the major part of the 20th Century.

A) USA	B) India
C) Soviet Union	D) Japan

Answer & Explanation Answer: C) Soviet Union

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Filed Under: Indian Economy
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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) I prefer	B) this book
C) than that one.	D) No error

Answer & Explanation Answer: C) than that one.

Explanation:

‘prefer’ is a verb that is always followed by the preposition ‘to’ expressing choice or preference over something else. In this case choice of ‘this book’ over the ‘other’ one. ‘Than’ is used for comparing to options, ‘prefer to’ expresses choice. Correct expression will be ‘to that one’.

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Filed Under: English
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Q:

In which of the following countries militants killed more than 230 people attacking at a mosque on 24th November, 2017?

A) Pakistan	B) Afghanistan
C) Iran	D) Egypt

Answer & Explanation Answer: D) Egypt

Explanation:

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Filed Under: General Awareness
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Q:

On 19 September 2017, Law Ministry approved Fugitive Economic Offenders Bill, 2017. The proposed bill will be applicable in cases where the value of offences is over ______.

A) Rs 100 crores	B) Rs 50 crores
C) Rs 25 crores	D) Rs 200 crores

Answer & Explanation Answer: A) Rs 100 crores

Explanation:

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Q:

The tallest bridge in the world Millau Viaduct has been constructed over the river

A) Seine	B) Tarn
C) Durance	D) Loir

Answer & Explanation Answer: B) Tarn

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Q:

Who appoints Advocate General of State in India?

A) Governor of State	B) Chief Minister of State
C) Law Minister of State	D) No option is correct

Answer & Explanation Answer: A) Governor of State

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The astronomer who discovered planet Pluto was ___.

A) Sylvain Arend	B) Joseph Asbrook
C) Edwin Hubble	D) Clyde Tombaugh

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