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Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs B) price = average profit
C) price = marginal costs = minimum average total costs D) price = minimum average variable costs
 
Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Stagflation exists when _____

A) price indices and output both decrease. B) price indices increase but output decreases.
C) price indices and output both increase. D) price indices decrease but output increases.
 
Answer & Explanation Answer: B) price indices increase but output decreases.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Where in the human body can you find the islets of Langerhans?

A) Small intestine B) Pancreas
C) Stomach D) Heart
 
Answer & Explanation Answer: B) Pancreas

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

What title did the British confer Gandhi with, which was relinquished by him?

A) Rai Bahadur B) Rai Sahib
C) Hind Kesari D) Kaiser-e-Hind
 
Answer & Explanation Answer: D) Kaiser-e-Hind

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which Indian origin actor was honoured with the 'Asian Game Changer Award-2017' by the Asia Society?

A) Aziz Ansari B) Dev Patel
C) John Browne D) Nemko Katyal
 
Answer & Explanation Answer: B) Dev Patel

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who proposed the Scientific Management School of thought as opposed to the Administrative Management School of thought?

A) Henry Fayol B) Frederick Taylor
C) Peter Drucker D) Max Weber
 
Answer & Explanation Answer: B) Frederick Taylor

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Name the professional Indian basketball player who became the first ever player to be drafted from India into the National Basketball Association (NBA).

 

A) SatnamSingh Bhamara B) Akilan Pari
C) Yadwinder Singh D) Ajmer Singh
 
Answer & Explanation Answer: A) SatnamSingh Bhamara

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

What is the principal focus of a spherical mirror?

A) It is a point from which the rays of light appear to be coming from on the principal axis of a convex mirror B) It is the point on the principal axis through which rays of light parallel to the principal axis pass after reflection or appear to be arising from this point on the principal axis
C) It is the centre of a hollow sphere of which the spherical mirror is a part D) It is the midpoint of a spherical mirror
 
Answer & Explanation Answer: B) It is the point on the principal axis through which rays of light parallel to the principal axis pass after reflection or appear to be arising from this point on the principal axis

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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