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:

Which is the 1st country to recognise Pfizer-bioNtech's coronavirus vaccine?

A) Russia	B) Britain
C) Australia	D) India

Answer & Explanation Answer: B) Britain

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which Oil company has successfully conducted a 'Proof of Concept' feasibility study on 'Zero-emission electric mobility'?

A) Bharat Petroleum Corporation Ltd (BPCL)	B) Oil India Ltd (OIL)
C) Indian Oil Corporation Ltd (IOCL)	D) Reliance Industries Ltd (RIL)

Answer & Explanation Answer: C) Indian Oil Corporation Ltd (IOCL)

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Boiling point of water is ___.

A) 210 deg F	B) 212 deg F
C) 214 deg F	D) 208 deg F

Answer & Explanation Answer: B) 212 deg F

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Filed Under: General Science
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
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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
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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

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