Q:

If the average total cost are Rs 54, total fixed cost is Rs 45000 and quantity produced is 2500 units, find the average variable costs (in Rs) of the firm?

A) 24	B) 18
C) 36	D) 60

Answer & Explanation Answer: C) 36

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1012

Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase	B) decrease; decrease
C) increase; decrease	D) decrease; increase

Answer & Explanation Answer: A) increase; increase

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1012

Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply	B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market	D) Raising and lowering the foreign exchange rate

Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1012

Q:

Which of the following animal is not triploblastic?

A) Earthworm	B) Ascaris
C) Jelly fish	D) Planaria

Answer & Explanation Answer: C) Jelly fish

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Filed Under: Biology
Exam Prep: Bank Exams

1 1012

Q:

Government intervention in a modern economy is useful because

A) the needs and wants of modern society are always met by the market place	B) the market place has many incentives to create public work such as parks and library’s
C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate	D) the market place powers all its own laws

Answer & Explanation Answer: C) governments are more able to meet some needs and wants of modern society in a way that ensures that all members of society can participate

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Filed Under: Indian Politics
Exam Prep: Bank Exams

1 1012

Q:

In which year did Vivekananda participate in the Parliament of the World's Religions?

A) 1893 AD	B) 1895 AD
C) 1897 AD	D) 1899 AD

Answer & Explanation Answer: A) 1893 AD

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Filed Under: Indian History
Exam Prep: Bank Exams

2 1012

Q:

Which actor plays the role of social activist Arunachalam Muruganatham in the biopic movie 'Pad Man'?

A) Irrfan Khan	B) Nana Patekar
C) Mohanlal	D) Akshay Kumar

Answer & Explanation Answer: D) Akshay Kumar

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

0 1012

Q:

The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees)

A) 11,320	B) 12,000
C) 12,320	D) 12,500

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