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Q:

In which of the following case, law of demand fails?

A) Giffen goods B) Normal goods
C) Inferior goods D) Both Giffen and Inferior goods
 
Answer & Explanation Answer: A) Giffen goods

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Filed Under: Indian Economy

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Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Management accountants would not

A) prepare reports primarily for external users. B) be concerned with the impact of cost and volume on profits
C) assist in budget planning. D) determine cost behavior.
 
Answer & Explanation Answer: A) prepare reports primarily for external users.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Prostate in human body is a

A) Connective tissue B) Gland 
C) Membrane D) Muscle
 
Answer & Explanation Answer: B) Gland 

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

If Metal A displaces Metal B from its solution, then Metal A ____.

A) is more reactive than B B) is less reactive than B
C) is heavier than B D) has the same reactivity as B
 
Answer & Explanation Answer: A) is more reactive than B

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

If a mirror is placed on the line AB, then which of the answer figures is the right image of the given figure?

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

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Who among the following became the first tourist to space by spending $20 million for 8 days in orbit?

A) Greg Olsen B) Charles Simonyi
C) Dennis Tito D) Mark Shuttleworth
 
Answer & Explanation Answer: C) Dennis Tito

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

What is the present Personal Income Tax exemption limit for male individuals below 60 years of age & HUF (FY 2015-16)?

A) Rs. 2.5 lakhs B) Rs. 3 lakhs
C) Rs. 1.5 lakhs D) Rs. 4 lakhs
 
Answer & Explanation Answer: A) Rs. 2.5 lakhs

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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