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:

A beedi making workshop can hire 5 women by paying them Rs. 300 per day. The 6th woman demands Rs. 350 per day. If this woman is hired then all other women must be paid Rs. 350. The marginal resource (labour) cost of the 6th woman is

A) Rs. 600 B) Rs. 50
C) Rs. 300 D) Rs. 100
 
Answer & Explanation Answer: A) Rs. 600

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Filed Under: Indian Economy
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Q:

Which Indian chief minister was awarded the "Transformative Chief Minister Award" by US-India Business Council (USIBC) in 2017?

A) K. Chandrashekhar Rao B) Naveen Patnaik
C) Siddaramaiah D) Chandrababu Naidu
 
Answer & Explanation Answer: D) Chandrababu Naidu

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

To commemorate the 75th anniversary of Quit India Movement, which program was organized by the Central Government in August 2017?

 

A) Sankalp se Shakti B) Sankalp se Siddhi
C) Saavdhani se Suraksha D) Sangharsh se Saksham
 
Answer & Explanation Answer: B) Sankalp se Siddhi

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

On 28 July 2017, Lok Sabha passed Indian Institutes of Management (IIM) Bill, 2017. The Bill has a provision to place the Annual report of the IIM’s in the parliament and auditing of their accounts by ______.

 

A) Chief Economic Adviser B) Economic Affairs Secretary
C) Comptroller and Auditor General D) Attorney General
 
Answer & Explanation Answer: C) Comptroller and Auditor General

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following statement is true?

A) Global warming and climate change are two different issues B) Global warming will reduce the annual build-up of glacier ice
C) Global warming may cause sea levels to go down D) Global warming may cause contraction of deserts
 
Answer & Explanation Answer: B) Global warming will reduce the annual build-up of glacier ice

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which of the following instruments is used to measure electric current?

A) Rheostat B) Voltmeter
C) Ammeter D) Galvanometer
 
Answer & Explanation Answer: C) Ammeter

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

What was the total number of books sold in Shop Q in 2003, 2004, and 2005?

A) 36500 B) 38500
C) 37500 D) 39000
 
Answer & Explanation Answer: C) 37500

Explanation:

Required total number of sales = 14.4 + 7.4 + 15.7 = 37.5
Thousand = 37500.

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