Questions

Q:

Match the characteristics with their market structure:
(a) Expand out put until MC = MR
(b) Elasticity of demand depends on pricing policies of rivals

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

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?

A) 4 B) 1.25
C) 0.25 D) 0.8
 
Answer & Explanation Answer: D) 0.8

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Filed Under: Indian Economy
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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) I prefer B) this book
C) than that one. D) No error
 
Answer & Explanation Answer: C) than that one.

Explanation:

‘prefer’ is a verb that is always followed by the preposition ‘to’ expressing choice or preference over something else. In this case choice of ‘this book’ over the ‘other’ one. ‘Than’ is used for comparing to options, ‘prefer to’ expresses choice. Correct expression will be ‘to that one’.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

A shop keeper cheats to the extent of 10% while buying and selling fruits, by using tampered weights. His total gain, in %, is:

A) 21 B) 24
C) 22 D) 23
 
Answer & Explanation Answer: A) 21

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Q:

Which of the following President was awarded the Nobel Peace Prize 2016?

A) Raffel Korea B) Juan Manuel Santos  
C) Donald Trump D) Alexander Lukashenko
 
Answer & Explanation Answer: B) Juan Manuel Santos  

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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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’.

 

Just as we nourishes the body, (1)/ we need to nurture the soul to connect to the creative (2)/ power of the universe and to manifest joy in our lives. (3)/ No error (4)

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

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Filed Under: English
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

 

He said, "I had not received the passport hence I could not attend the conference held last year."

A) He said that he had not received the passport then he could not be attending the conference held last year. B) He said that he has not received the passport then he could not attend the conference held the month before.
C) He said that he had not received the passport, hence he could not attend the conference held last year. D) He said that he has not received the passport so he could not be attending the conference held last year.
 
Answer & Explanation Answer: C) He said that he had not received the passport, hence he could not attend the conference held last year.

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Filed Under: English
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

to cry over spilt milk

 

A) to dwell pointlessly on past misfortunes B) to feel sorry for others' misfortunes
C) to immediately start crying after making a mistake to avoid punishment D) to acknowledge one's mistake and move ahead
 
Answer & Explanation Answer: A) to dwell pointlessly on past misfortunes

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Filed Under: English
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