Questions

Q:

If hiring an extra worker increases a factory's output from 1000 to 1200 units per day, but the factory has to reduce the price of its product from Rs. 25 to Rs. 24 per unit to sell the additional output, the marginal revenue product of the last worker is

A) Rs. 3800 B) Rs. 200
C) Rs. 4000 D) Rs. 100
 
Answer & Explanation Answer: A) Rs. 3800

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Q:

The ________ balance is the sum of the balance of merchandise trade, services and net transfers received from the rest of the world.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: A) Current Account

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Q:

The marginal propensity to consume lies between ____________.

A) 0 to Infinity B) 0 to 1
C) 1 to Infinity D) 0 to 10
 
Answer & Explanation Answer: B) 0 to 1

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Q:

"Residex Index" is associated with which of these?

A) Share Prices B) Mutual Fund Prices
C) Price Inflation Index D) Housing Prices
 
Answer & Explanation Answer: D) Housing Prices

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

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Q:

A ball of 0.1 kg is dropped from rest. When it falls through a distance of 2 m, the work done by the force of gravity is

A) 0.98 J B) -0.98 J
C) 1.96 J D) -1.96 J
 
Answer & Explanation Answer: C) 1.96 J

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Which is the closest star to our solar system?

A) Alpha Centauri B) Beta Centauri
C) Proxima Centauri D) Barnard
 
Answer & Explanation Answer: C) Proxima Centauri

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Brain fever is a disease spread through which of the following?

A) Flies B) Mosquito
C) Virus D) Cockroach
 
Answer & Explanation Answer: B) Mosquito

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which Article specifies the Fundamental Duties of every citizen?

A) Article 80 B) Article 343
C) Article 51A D) Article 356
 
Answer & Explanation Answer: C) Article 51A

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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