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:

For a price taking firm, average revenue is ______ market price.

A) half of B) equal to
C) double of D) less than
 
Answer & Explanation Answer: B) equal to

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Stagflation exists when _____

A) price indices and output both decrease. B) price indices increase but output decreases.
C) price indices and output both increase. D) price indices decrease but output increases.
 
Answer & Explanation Answer: B) price indices increase but output decreases.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

_____ often referred to as a shock treatment, is a psychiatric treatment in which seizures are electrically induced in patients to provide relief from psychiatric illnesses.

 

A) Electromyography (EMG) B) Electrocardiogram (ECG)
C) Electroencephalography (EEG) D) Electroconvulsive therapy (ECT)
 
Answer & Explanation Answer: D) Electroconvulsive therapy (ECT)

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

On 19 September 2017, Law Ministry approved Fugitive Economic Offenders Bill, 2017. The Bill entrusts the responsibility to try cases of Fugitive Economic Offenders under ______.

A) Prevention of Money Laundering Act, 2002 (PMLA) B) Prevention of Money Laundering Act, 2005
C) Prevention of Money Laundering Act, 2010 D) Prevention of Money Laundering Act, 1995
 
Answer & Explanation Answer: A) Prevention of Money Laundering Act, 2002 (PMLA)

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In accordance to the Construction, Protection of Life and Personal Liberty is granted under which Article?

A) Article 20 B) Article 21
C) Article 22 D) Article 23
 
Answer & Explanation Answer: B) Article 21

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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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.

 

Familiarity breeds contempt

A) close association with someone leads to a loss of respect for them B) if you do an undesirable thing daily then it becomes acceptable
C) too many people living closely will eventually cause bitterness D) routine has to be broken to bring excitement to life
 
Answer & Explanation Answer: A) close association with someone leads to a loss of respect for them

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Filed Under: English
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'.

 

I am not familiar with (A)/ all the important places in this town (B)/ although I had been living here for two years. (C)/ No Error (D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: C) C

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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