Questions

Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Filed Under: Indian Economy
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Q:

Name the spiritual leader who was honoured with a humanitarian award by a prominent Jewish human rights organisation for promoting human dignity, interfaith relations and tolerance among people.

A) Asharam Bapu B) Baba Ramdev
C) Sri Sri Ravi Shankar D) Morari Bapu
 
Answer & Explanation Answer: C) Sri Sri Ravi Shankar

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Filed Under: Honours and Awards
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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

 

The boss said to him,"Please tell me what the old man said today."

 

A) The boss requested him to tell him what the old man had said that day. B) The boss requested him to tell him what the old man had said today.
C) The boss requested him to tell him what the old man said that day. D) The boss requested him to tell him what the old man said today.
 
Answer & Explanation Answer: A) The boss requested him to tell him what the old man had said that day.

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Filed Under: English
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Beauty is in the eye of the beholder

 

A) The world is beautiful if one can see it that way B) To see only beautiful things if one wants to make his life beautiful
C) That which one person finds beautiful or admirable may not appeal to another D) For an infatuated person even bad qualities of the beloved appear good
 
Answer & Explanation Answer: C) That which one person finds beautiful or admirable may not appeal to another

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Filed Under: English
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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'.

 

An online shop evoke the analogy of buying products or services (1)/ at a regular retailer or shopping centre; the process (2)/ is called business-to-consumer (B2C) e-commerce .(3)/ No error (4)

 

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

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In which of the following is true for instruments of Monetary Policy?

A) Open market operations B) Bank rate policy
C) Selective credit controls D) All options are correct
 
Answer & Explanation Answer: D) All options are correct

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Filed Under: Indian Economy
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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

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Q:

The official language of Goa is ___.

A) English B) Portuguese
C) Konkani D) Marathi
 
Answer & Explanation Answer: C) Konkani

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Filed Under: Indian Geography
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