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:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book B) Journal Proper
C) Cash book D) Ledger
 
Answer & Explanation Answer: B) Journal Proper

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

When milk becomes sour, ___ is produced.

A) Lactose B) Lactic acid
C) Salicylic acid D) Linoleic acid
 
Answer & Explanation Answer: B) Lactic acid

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which leukocyte is responsible for antibody production?

A) Monocyte B) T-Cells
C) B Lymphocyte D) Basophil
 
Answer & Explanation Answer: C) B Lymphocyte

Explanation:

Leukocyte, commonly known as a white blood cell (WBC), is a major component in protecting the body against invading microorganisms and body cells with mutated DNA, and they clean up debris. 

B Lymphocyte also called as B-Cells or plasma cells produces the antibodies or immunoglobulins that bind to specific foreign or abnormal components of plasma membranes. This is also referred to as humoral (body fluid) immunity.

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following is reared for its fleece/fiber?

A) Alpaca B) Alabama
C) Apache D) Alluvial
 
Answer & Explanation Answer: A) Alpaca

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following organisms can reproduce by regeneration and budding?

A) Yeast B) Plasmodium
C) Hydra D) Planaria
 
Answer & Explanation Answer: C) Hydra

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following is used to get relief when you have been stung by a honeybee?

A) Common salt B) Baking soda
C) Acetic acid D) Washing soda
 
Answer & Explanation Answer: B) Baking soda

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Filed Under: Chemistry
Exam Prep: Bank Exams

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