Questions

Q:

If at a price, market supply is greater than market demand, we say that there is ________ in the market at that price.

A) Equilibrium B) Excess Demand
C) Excess Supply D) Marginal Revenue
 
Answer & Explanation Answer: C) Excess Supply

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Who among the following has been awarded the Indira Gandhi Award for National Integraty on October 31, 2017?

A) Praveen Nair B) Pankaj Ruhela
C) T.M. Krishna D) K.R. Reddy
 
Answer & Explanation Answer: C) T.M. Krishna

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Filed Under: Honours and Awards
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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
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Q:

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

A) Deflation B) Stagflation
C) Recession D) Depression
 
Answer & Explanation Answer: B) Stagflation

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Filed Under: Indian Economy
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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
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Q:

Pick the odd one out from the following:

A) NaOH B) Cu(OH)2
C) NH4OH D) Zn(OH)2
 
Answer & Explanation Answer: A) NaOH

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In which form is glucose stored in our body?

A) Insulin B) Glucose
C) Glycogen D) Fat
 
Answer & Explanation Answer: C) Glycogen

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Adjure

 

A) Order   B) Require  
C) Advise   D) Disclaim
 
Answer & Explanation Answer: D) Disclaim

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Filed Under: English
Exam Prep: Bank Exams

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