Questions

Q:

When there is only one buyer and one seller of product, it is called _____ situation.

A) Public monopoly B) Bilateral monopoly
C) Franchised monopoly D) Monopsony
 
Answer & Explanation Answer: B) Bilateral monopoly

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Filed Under: Indian Economy
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Q:

At the equilibrium price

A) quantity demanded is equal to quantity supplied B) quantity demanded is greater than quantity supplied
C) price elasticity of demand is unity D) elasticity of demand equals elasticity of supply
 
Answer & Explanation Answer: A) quantity demanded is equal to quantity supplied

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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'.
Our office building comprises (1)/ seven floors and a restaurant at the top in an (2)/ area of about eight hundred sq. metres. (3)/ No Error (4)

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

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Algae belongs to which of the following levels of the ecosystem?

A) Decomposers B) Destructors
C) Producers D) Consumers
 
Answer & Explanation Answer: C) Producers

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax B) Indirect tax
C) Straight tax D) Advance tax
 
Answer & Explanation Answer: A) Direct tax

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Filed Under: Indian Economy
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Q:

Which of the following metals is a liquid at room temperature?

A) Lithium B) Mercury
C) Sodium D) Calcium
 
Answer & Explanation Answer: C) Sodium

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The least six digit number which is a perfect square is

A) 100489 B) 100000
C) 100256 D) 100225
 
Answer & Explanation Answer: A) 100489

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Q:

In which year, was the Noble Peace Prize jointly given to Kailash Satyarthi and Malala Yousafzai?

A) 2012 B) 2013
C) 2014 D) 2015
 
Answer & Explanation Answer: C) 2014

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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