Questions

Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

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

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If demand curve for an electric tooth brush is D = 25000 -­ 7P and supply curve is S = 10000 + 8P, find the equilibrium Price?

A) Rs 150 B) Rs 1000
C) Rs 400 D) Rs 50
 
Answer & Explanation Answer: B) Rs 1000

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

According to the Global Gender Gap report 2017, India has closed how much percentage of its gender gap?

 

A) 12%   B) 47%  
C) 67%   D) 88%
 
Answer & Explanation Answer: C) 67%  

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Astronauts inside spaceship feel ___ weight.

A) More B) Less
C) Zero D) Depends on G force
 
Answer & Explanation Answer: C) Zero

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Society and individuals will evolve __________ changing times. Technology will continue to play an increasingly ____________ role in our lives in the years to come. Passing the blame on to technology is the easiest thing to do, but how we _____________ to use technology is an individual decision. In an attempt to be connected with the world _______ large, are we getting disconnected with the people who mean the most to us? This is a question worth pondering _________.

 

with the world _______ large, are we getting

 

A) to   B) as  
C) at   D) is
 
Answer & Explanation Answer: C) at  

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Filed Under: English
Exam Prep: Bank Exams

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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

5 , 9 , 6 , 11, 7 , ?

A) 13 B) 15
C) 17 D) 19
 
Answer & Explanation Answer: A) 13

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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Filed Under: Indian Economy
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Q:

If an unintended increase in business inventories occurs

A) aggregate expenditures must exceed the domestic output B) we can expect businesses to lower the level of production
C) we can expect aggregate production to be unaffected D) we can expect businesses to increase the level of production
 
Answer & Explanation Answer: B) we can expect businesses to lower the level of production

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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