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

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?

A) 20000	B) 10000
C) 15000	D) 12000

Answer & Explanation Answer: A) 20000

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase	B) decrease; decrease
C) increase; decrease	D) decrease; increase

Answer & Explanation Answer: A) increase; increase

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Q:

Western blot is the diagnostic test for

A) Plague	B) Leprosy
C) HIV	D) Typhoid

Answer & Explanation Answer: C) HIV

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Who among the following has been awarded the Indira Gandhi Award for National Integraty on October 31, 2017?

A) Praveen Nair	B) Pankaj Ruhela
C) T.M. Krishna	D) K.R. Reddy

Answer & Explanation Answer: C) T.M. Krishna

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which is the 1st Central Bank to reach one million followers on twitter?

A) Central Bank of India	B) Reserve Bank of India
C) The Bank of Ghana	D) Bank of America

Answer & Explanation Answer: B) Reserve Bank of India

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The 'Go for Zero' policy, is associated with which country?

A) New Zealand	B) Germany
C) United Kingdom	D) Australia

Answer & Explanation Answer: D) Australia

Explanation:

The "Go for Zero" policy of Australia helped the country to bring down its COVID-19 cases. The Go for zero policy of Australia was proposed by a non-profit think tank Grattan Institute that advises the government. Under the policy besides expanding the testing of covid-19, Australia also increased contact tracing and mandatory isolation.

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Q:

The SI unit of weight is a

A) Kg	B) Newton
C) Gram	D) Dyne

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