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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select ‘No Error’.

Scientists show that there is a curious (1)/ relationship among a lion’s life span and (2)/ the pattern of spots on each side of its face. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Filed Under: English
Exam Prep: Bank Exams

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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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Filed Under: Animals and Birds

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Q:

A question and two statements numbered I and II are given below it. You have to decide whether the data provided in the statements are sufficient to answer the question.

A six storey building consisting of an unoccupied ground floor and above ground floor is floor no. 1, so on and topmost floor is no. 5. Different people lives in building viz. I, J, K, l and M.

 

Who lives on the third floor?

I. K lives on an even numbered floor. I lives immediately above L. J lives immediately above I. M does not live on the topmost floor.

II. L lives on an odd numbered floor. I and J are immediate neighbours of each other. Similarly, K and M are immediate neighbours of each other. K does not live on an odd numbered floor.

A) The data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question. B) The data in Statement II alone are sufficient to answer the question, while the data in Statement I alone are not sufficient to answer the question.
C) The data either in Statement I alone or in Statement II alone are sufficient to answer the question. D) The data in both the Statements I and II are not sufficient to answer the question.
 
Answer & Explanation Answer: A) The data in Statement I alone are sufficient to answer the question, while the data in Statement II alone are not sufficient to answer the question.

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Q:

Who among the following Sikh Gurus had laid the foundation of Amritsar?

A) Guru Amar Das B) Guru Ram Das
C) Guru Arjan Dev D) Guru Har Govind
 
Answer & Explanation Answer: B) Guru Ram Das

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Filed Under: Famous Places

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Q:

The first Partition of Bengalbbtook place in the year ___.

A) 1906 AD B) 1903 AD
C) 1904 AD D) 1905 AD
 
Answer & Explanation Answer: D) 1905 AD

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Filed Under: Indian History
Exam Prep: Bank Exams

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