Questions

Q:

A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

A) Perfect Competition B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: B) Monopoly

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Filed Under: Indian Economy
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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:

"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:

The word development in economics pertains to

A) democratic countries B) third world countries
C) advanced countries D) undeveloped countries
 
Answer & Explanation Answer: B) third world countries

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Q:

Which of the following elements replaced eka-Aluminium in Mendeleev's Periodic table?

A) Scandium B) Gallium
C) Titanium D) Germanium
 
Answer & Explanation Answer: B) Gallium

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Filed Under: Chemistry
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Q:

Which Schedule of Indian Constitution was added by the 74th Constitutional Amendment Act?

A) Ninth Schedule B) Tenth Schedule
C) Eleventh Schedule D) Twelfth Schedule
 
Answer & Explanation Answer: D) Twelfth Schedule

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Q:

Where did the leader of the Individual Satyagraha movement, Acharya Vinoba Bhave started this movement?

 

A) Nashik B) Poona
C) Pavnar D) Nagpur
 
Answer & Explanation Answer: C) Pavnar

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

If 1 x 3 x 5 = 1925 and 7 x 9 x 11 = 4981121 , then find the value of 19 x 21 x 23 = ?

A) 361529441 B) 361529441
C) 441361289 D) 361441529
 
Answer & Explanation Answer: D) 361441529

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