Questions

Q:

In ____________, the short run equilibrium results in quantity produced being lesser and prices being higher compared to perfect competition.

A) Monopsony B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: D) Monopolistic Competition

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Length of three line segments isgiven. Is construction of a triangle possible with the segments in the given cases?

A) 8 cm, 7 cm, 18 cm B) 8 cm, 15 cm, 17 cm
C) 10 cm, 6 cm, 4 cm D) 8 cm, 10 cm, 20 cm
 
Answer & Explanation Answer: B) 8 cm, 15 cm, 17 cm

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Q:

Which country has won maximum number of World cup titles in football?

A) Argentina B) Brazil
C) France D) Italy
 
Answer & Explanation Answer: B) Brazil

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

 Which organisation is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottomup approach? 

A) RBI B) IRDAI
C) NITI Aayog  D) Planning Commission 
 
Answer & Explanation Answer: C) NITI Aayog 

Explanation:

The NITI Aayog (Hindi for Policy Commission), also National Institution for Transforming India, is a policy think tank of the Government of India, established with the aim to achieve Sustainable Development Goals and to enhance cooperative federalism by fostering the involvement of State Governments of India in the economic policy-making process using a bottom-up approach.

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Who is the author of the Indian English Novel 'Sita : Warrior of Mithila' published in

A) Amish Tripathi B) Rahul Mehta
C) Chetan Bhagat D) Robin Sharma
 
Answer & Explanation Answer: A) Amish Tripathi

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

Where was the 2017 World Rapid Fire Chess Championship played, in which Viswanathan Anand regained his title?

A) Oslo B) Riyadh
C) Chennai D) Dubai
 
Answer & Explanation Answer: B) Riyadh

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Bollywood actress Pryanka Chopra won the Favourite Actress award at the People's Choice awards 2016, for her leading role in the American TV thriller series ___.

A) Secrets and Lies B) The Middle
C) Quantico D) Mistress
 
Answer & Explanation Answer: C) Quantico

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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