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Q:

If demand curve for racing cycles is D = 80200 ­ 13P and supply curve is S = 6200 + 12P, What is the equilibrium Quantity?

A) 2960 units B) 31220 units
C) 8750 units D) 41720 units
 
Answer & Explanation Answer: D) 41720 units

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI D) Deposit mobilisation
 
Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

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Filed Under: Indian Economy

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Q:

Which one of the following statements is not correct?

A) When total utility is maximum, marginal utility is zero B) When total utility is decreasing, marginal utility is negative
C) When total utility is increasing, marginal utility is positive D) When total utility is maximum,marginal and average utility are equal to each other.
 
Answer & Explanation Answer: D) When total utility is maximum,marginal and average utility are equal to each other.

Explanation:

Total utility -It is total psychological satisfaction which a consumer derives from the consumption of a commodity is known as total utility

Marginal utility -It is anaddition made in total utility by consuming and additional unit of a commodity is known as marginal utility.

•When marginal utility is positive,total utility increases

•When marginal utility is zero,total utility is at maximum

•When marginal utility is negative,total utility decreases

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Filed Under: Indian Economy
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Q:

The innovation theory of profit was proposed by

A) Marshall B) Clark
C) Schumpeter D) Joan Robbinson
 
Answer & Explanation Answer: C) Schumpeter

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Filed Under: Indian Economy
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Q:

Pancreatic juice require which medium for their action?

A) Acidic B) Basic
C) Neutral D) All option are correct
 
Answer & Explanation Answer: B) Basic

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Filed Under: Biology
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Q:

The astronomer who discovered planet Pluto was ___.

A) Sylvain Arend B) Joseph Asbrook
C) Edwin Hubble D) Clyde Tombaugh
 
Answer & Explanation Answer: D) Clyde Tombaugh

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The centre of the reflecting surface of a spherical mirror is a point called the ___.

A) pole B) focus
C) radius D) aperature
 
Answer & Explanation Answer: A) pole

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

A sentence has been given in Active/Passive Voice.  Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.

 

The rascal cheated him out of his money.

 

A) His money was cheated out by the rascal. B) He was cheated out of his money by the rascal.
C) He was cheated out of money by the rascal. D) Money was cheated by the rascal of him.
 
Answer & Explanation Answer: B) He was cheated out of his money by the rascal.

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Filed Under: English
Exam Prep: Bank Exams

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