Bank Exams Questions

Q:

Match the characteristics with their market structure:

(a) MC = Price
(b) Firm will tend to set output so that it earns maximum profits.

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

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 29613
Q:

The following equation is incorrect. Which two signs should be interchanged to correct the equation?

 

3 + 4 - 25 ÷ 2 x 12 = 41

 

A) ÷ and - B) + and ÷
C) x and - D) - and +
 
Answer & Explanation Answer: C) x and -

Explanation:
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Filed Under: Coding and Decoding
Exam Prep: Bank Exams

0 29609
Q:

Which of the following gulf countries has imposed value added tax (VAT) from January 1, 2018?

 

A) Bahrain and Kuwait   B) Oman and Saudi Arabia  
C) Kawait and UAE   D) UAE and Saudi Arabia  
 
Answer & Explanation Answer: D) UAE and Saudi Arabia  

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

1 29589
Q:

Which of the following terms follows the trend of the given list?

XXXXXXYY, XXXXXYXY, XXXXYXXY, XXXYXXXY, XXYXXXXY, _______________.

A) YXXXXXXY B) XXXXXXYY
C) XYXXXXXY D) XXXXXYXY
 
Answer & Explanation Answer: C) XYXXXXXY

Explanation:
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Filed Under: Alphabet Test
Exam Prep: Bank Exams

3 29584
Q:

Kolleru Lake is located in which Indian state?

 

A) Kerala B) Andhra Pradesh
C) Tamil Nadu D) Odisha
 
Answer & Explanation Answer: B) Andhra Pradesh

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

3 29578
Q:

According to John Maynard Keynes, employment depends upon

 

A) aggregate demand B) aggregate supply
C) effective demand D) rate of interest
 
Answer & Explanation Answer: C) effective demand

Explanation:

J.M Keynes’ theory of employment is a demand-deficient theory. This means that Keynes visualised employment from the demand side of the model. His theory is a demand-oriented approach, as opposed to the classical supply side model.

According to him,the volume of employment in a country depends on the level of effective demand of people for goods and services. Thus, unemployment is attributed to the deficiency of effective demand.

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 29559
Q:

Which of the following terms follows the trend of the given list?

 

PRRQPQPQ, PQRRPQPQ, PQPRRQPQ, PQPQRRPQ, PQPQPRRQ, _______________.

 

A) RRPQPQPQ B) PRRQPQPQ
C) PQPQPQRR D) PQRRPQPQ
 
Answer & Explanation Answer: C) PQPQPQRR

Explanation:
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Filed Under: Alphabet Test
Exam Prep: Bank Exams

3 29556
Q:

On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is ?

A) Rs. 55 B) Rs. 60
C) Rs. 65 D) Rs. 70
 
Answer & Explanation Answer: B) Rs. 60

Explanation:

Let the cost price of a ball is Rs.x
Given, on selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls
The equation is :
17x - 720 = 5x
Solving the equation
we get x = 60
Therefore, cost price of a ball is Rs. 60.

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Filed Under: Profit and Loss
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