Q:

The difference between exports and imports is called-?

A) assets and liabilities	B) balance of payment
C) GDP	D) balance of trade

Answer & Explanation Answer: D) balance of trade

Explanation:

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

0 1108

Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores	B) Rs 300 crores
C) Rs 60 crores	D) Rs 250 crores

Answer & Explanation Answer: C) Rs 60 crores

Explanation:

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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

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is NOT a property of acids?

A) Acids form salts with bases	B) Acids have bitter taste
C) Acids have sour taste	D) Acids turn blue litmus red

Answer & Explanation Answer: B) Acids have bitter taste

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

There are 15 protons and 22 neutrons in the nucleus of an element. What is its mass number?

A) 22	B) 7
C) 37	D) 15

Answer & Explanation Answer: C) 37

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The essential organs in a flower for reproduction are

A) the stamen and pistil	B) the sepal and stamen
C) the sepal and petal	D) the petal and pistil

Answer & Explanation Answer: A) the stamen and pistil

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Choose the odd word/letters/number/number pair from the given alternatives.

A) 6260	B) 8411
C) 9413	D) 5612

Answer & Explanation Answer: C) 9413

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Ramcharitmanas is an epic poem written in which language?

A) Santali	B) Munda
C) Awadhi	D) Sanskrit

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