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

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1031

Q:

The consumption schedule relates:

A) disposable income to domestic income.	B) consumption to the level of disposable income.
C) consumption to saving.	D) saving to the level of disposable income.

Answer & Explanation Answer: B) consumption to the level of disposable income.

Explanation:

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

0 1031

Q:

A and B together can finish a work in 30 days. They worked for it for 20 days and then B left the work. The remaining work was done by A alone in 20 days more. In how many days can A alone finish the work?

A) 48 days	B) 50 days
C) 54 days	D) 60 days

Answer & Explanation Answer: D) 60 days

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability

0 1031

Q:

Who is/was the first U.S President to be impeached twice?

A) Donald Trump	B) Ronald Reagan
C) Bill Clinton	D) Andrew Johnson

Answer & Explanation Answer: A) Donald Trump

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 1031

Q:

India became a member of which one of the following in 2016?

A) Non-Proliferation Treaty	B) Missile Technology Control Regime
C) Nuclear Suppliers Group	D) Wassenaar Arrangement

Answer & Explanation Answer: B) Missile Technology Control Regime

Explanation:

In a boost to its non-proliferation credentials, India joined the Missile Technology Control Regime (MTCR) at a ceremony in South Block. India’s MTCR membership would help in furtherance of international non-proliferation objectives, India would enjoy full participation in organisational activities, India had intensified efforts at gaining membership of the MTCR, the NSG, the Australia Group and Wassenaar Arrangement since getting a waiver at the NSG in 2008. Membership of these groups would help India trade more effectively in critical high-tech areas

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 1031

Q:

Consider a planet whose mass and radius are both twice the mass and radius of Earth. The acceleration due to gravity on the surface of the planet is 'n' times that on Earth. The value of n is:

A) 4	B) 1
C) 12	D) 2

Answer & Explanation Answer: C) 12

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams

1 1030

Q:

What does IMF stand for?

A) International Monetary Fund	B) Indian Money Fund
C) International Machine Federation	D) Institute of Monetary Finance

Answer & Explanation Answer: A) International Monetary Fund

Explanation:

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Filed Under: Business Awareness
Exam Prep: Bank Exams

5 1030

Q:

In which of the following case, law of demand fails?

A) Giffen goods	B) Normal goods
C) Inferior goods	D) Both Giffen and Inferior goods

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