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:

Who has been named as the first ever 'Kid of the Year' by TIME Magazine?

A) Udit Singhal	B) Krishna Tirath
C) Sadat Rahman	D) Gitanjali Rao

Answer & Explanation Answer: D) Gitanjali Rao

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

He (has to develop) self-confidence, so leave him alone.

A) have to develop	B) are to develop
C) has to developed	D) no improvement

Answer & Explanation Answer: D) no improvement

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor	B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go	D) decreases unemployment

Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In India all of the following are sources for government revenue, except?

A) Agricultural income tax	B) Anti dumping duty
C) Perquisite tax	D) Toll tax

Answer & Explanation Answer: A) Agricultural income tax

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Exam Prep: Bank Exams

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Q:

Rate of the growth of an economy is measured in terms of

A) National income	B) Monthly family income
C) Number of people who have been lifted above the poverty line	D) Industrial Development

Answer & Explanation Answer: A) National income

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The major ingredient of sweetened soft drink is

A) Carbonated water	B) Hydrochloric acid
C) Phosphoric acid	D) Caffeine

Answer & Explanation Answer: A) Carbonated water

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

What was the name of the operation launched by India to help Bangladesh in solving with Rohingya crisis?

A) Operation Saksham	B) Operation Manavata
C) Operation Khushhali	D) Operation Insaniyat

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