Questions

Q:

Which Indian origin actor was honoured with the 'Asian Game Changer Award-2017' by the Asia Society?

A) Aziz Ansari B) Dev Patel
C) John Browne D) Nemko Katyal
 
Answer & Explanation Answer: B) Dev Patel

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who proposed the Scientific Management School of thought as opposed to the Administrative Management School of thought?

A) Henry Fayol B) Frederick Taylor
C) Peter Drucker D) Max Weber
 
Answer & Explanation Answer: B) Frederick Taylor

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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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:

The State Financial Corporations have given assistance mainly to develop___________.

A) agriculture farms B) cottage industries
C) medium and small-scale industries D) large scale industries
 
Answer & Explanation Answer: C) medium and small-scale industries

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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:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The consumption schedule relates:

A) disposable income to domestic income. B) consumption to the level of disposable income.
C) consumption to saving. D) saving to the level of disposable income.
 
Answer & Explanation Answer: B) consumption to the level of disposable income.

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

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it byselecting the appropriate option.

Meera cannot ______ the exam's results.

A) depict B) await
C) envision D) observe
 
Answer & Explanation Answer: B) await

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Filed Under: English
Exam Prep: Bank Exams

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