Questions

Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs B) price = average profit
C) price = marginal costs = minimum average total costs D) price = minimum average variable costs
 
Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is Study of fossils ?

A) Ethology B) Etiology
C) Anthropology D) Palaeontology
 
Answer & Explanation Answer: D) Palaeontology

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

In October 2017, who launched India’s 3rd biggest ‘Initial Public Offering (IPO)’ of Rs 11,370 crore?

 

A) Reliance Industries Ltd B) GIC Re
C) Coal India Ltd D) Infosys
 
Answer & Explanation Answer: B) GIC Re

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

If a current of 1.5 A is maintained in a resistor of 10 ohm, then the energy dissipated in the resistor in 1 minute will be 

 

 

A) 15 W  B) 22.5 W 
C) 135 W  D) 1350 W
 
Answer & Explanation Answer: D) 1350 W

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Filed Under: Physics
Exam Prep: AIEEE , 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 _________.

 

Society and individuals will evolve __________ changing times.

 

A) by   B) so  
C) if D) with
 
Answer & Explanation Answer: D) with

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Filed Under: English
Exam Prep: Bank Exams , GRE

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Q:

Select the related word/letters/numbers from the given alternatives: 6 : 42 :: 12 : ?

A) 48 B) 72
C) 60 D) 84
 
Answer & Explanation Answer: D) 84

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