Questions

Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

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

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In April 2017, Agriculture Ministry Unveiled Model APMC Act. The new Act proposes to put a Cap on Mandi taxes at what rate (in percent) for food grain?

A) 5 B) 1
C) 2.5 D) 8
 
Answer & Explanation Answer: B) 1

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Q:

Which of the following metals does NOT react with Oxygen even at a high temperature?

A) Silver B) Lead
C) Aluminium D) Zinc
 
Answer & Explanation Answer: A) Silver

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

In the following question, a sentence/a part of the sentence is underlined. Below are given alternatives to the underlined part which may improve the sentence. Choose the correct alternatives. In case no improvement is required, choose "No Improvement" option.


The agressive response after the peace summit made no sense of the call for moderation.

 

A) made nonsense of B) made no sense to
C) make no sense to D) No improvement
 
Answer & Explanation Answer: A) made nonsense of

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Filed Under: English
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Q:

Ram Nath Kovind, the Indian President as of February 2018, hails from which state?

A) Punjab B) Uttar Pradesh
C) Gujarat D) Rajasthan
 
Answer & Explanation Answer: B) Uttar Pradesh

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Q:

Which is the correct inverted sequence (last to first) of Mughal Emperors who ruled the Indian Subcontinent?

 

A) Akbar, Shah Jahan, Aurangzeb, Bahadur Shah II B) Aurangzeb, Bahadur Shah II, Shah Jahan, Akbar
C) Bahadur Shah II, Aurangzeb, Shah Jahan, Akbar D) Akbar, Aurangzeb, Shah Jahan, Bahadur Shah II
 
Answer & Explanation Answer: C) Bahadur Shah II, Aurangzeb, Shah Jahan, Akbar

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Filed Under: Indian History
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Q:

The Land Ports Authority of India works under which Union Ministry?

A) Ministry of Jal Shakti B) Ministry of External Affairs
C) Ministry of Ports Shipping and waterways D) Ministry of Home Affairs
 
Answer & Explanation Answer: D) Ministry of Home Affairs

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Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus D) Rs 8000 worth of producer surplus
 
Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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