Questions

Q:

A hand made paper workshop can hire 8 craftsmen by paying them Rs 400 per person per day. The 9th craftsman demands Rs 450 per day. If this craftsman is hired then all other craftsmen must be paid Rs 450. The marginal resource (labour) cost of the 9th craftsman is

A) Rs 50 B) Rs 850
C) Rs 800 D) Rs 100
 
Answer & Explanation Answer: B) Rs 850

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2 B) 1.2
C) -1.5 D) 1.5
 
Answer & Explanation Answer: A) -1.2

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Liabilities are generally classified on a balance sheet as

A) small liabilities and large liabilities B) present liabilities and future liabilities
C) tangible liabilities and intagible liabilities D) current liabilities and long-term liabilities
 
Answer & Explanation Answer: D) current liabilities and long-term liabilities

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Filed Under: Indian Economy
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Q:

Which country, on 25 October 2017 announced that it would be introduced a minimum wage for workers?

A) Bahrain B) Kuwait
C) Oman D) Qatar
 
Answer & Explanation Answer: A) Bahrain

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which is the political party started by Telugu film actor Chiranjeevi, who later merged it with the Indian National Congress?

A) Nava Nirman Party B) Andhra Pride Party
C) Telugu Desam Party D) Praja Rajyam Party
 
Answer & Explanation Answer: D) Praja Rajyam Party

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Filed Under: Indian Politics
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Q:

Which leader adopted Orthodox Christianity as the official religion of Russia?

A) Vladmir the Great B) Micheal Romanav
C) Ivan IV D) Boris Godunov
 
Answer & Explanation Answer: A) Vladmir the Great

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Filed Under: Famous Personalities
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Q:

Who is the author of ‘The Windfall’?

A) Manmohan Singh B) Amitav Ghosh
C) Diksha Basu D) Arundhati Roy
 
Answer & Explanation Answer: C) Diksha Basu

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

The volume (in cu.cm.) of a right circular cylinder with radius 1 cm and height 2 cm is: pi = 22/7

A) 22/7 B) 22
C) 44 D) 44/7
 
Answer & Explanation Answer: D) 44/7

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