Questions

Q:

Which Oil company has successfully conducted a 'Proof of Concept' feasibility study on 'Zero-emission electric mobility'?

A) Bharat Petroleum Corporation Ltd (BPCL) B) Oil India Ltd (OIL)
C) Indian Oil Corporation Ltd (IOCL) D) Reliance Industries Ltd (RIL)
 
Answer & Explanation Answer: C) Indian Oil Corporation Ltd (IOCL)

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Filed Under: General Awareness
Exam Prep: Bank Exams

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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

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Q:

The State Financial Corporations have given assistance mainly to develop___________.

A) agriculture farms B) cottage industries
C) medium and small-scale industries D) large scale industries
 
Answer & Explanation Answer: C) medium and small-scale industries

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Stagflation exists when _____

A) price indices and output both decrease. B) price indices increase but output decreases.
C) price indices and output both increase. D) price indices decrease but output increases.
 
Answer & Explanation Answer: B) price indices increase but output decreases.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it byselecting the appropriate option.

Meera cannot ______ the exam's results.

A) depict B) await
C) envision D) observe
 
Answer & Explanation Answer: B) await

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who were the first among the following to establish trade relations with India?

A) Dutch B) French
C) English D) Portuguese
 
Answer & Explanation Answer: D) Portuguese

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

One statement is given followed by two conclusions/assumptions, I and II. You have to consider the statement to be true, even if it seems to be at variance from commonly known facts. You are to decide which of the given conclusions/assumptions can definitely be drawn from the given statement.

Statement: I) Quality has a price tag.

II) India is allocating lots of funds to education.

Conclusions: I) Quality of education in India would improve.

II) Funding alone can enhance quality of education.

A) Only Conclusion I follows B) Only Conclusion II follows
C) Both the Conclusions I and II follow D) Neither Conclusion I nor II follows
 
Answer & Explanation Answer: A) Only Conclusion I follows

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