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

0 1126

Q:

What is C12H22O11 also known as

A) Sand	B) Sugar
C) Salt	D) Clay

Answer & Explanation Answer: B) Sugar

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

__________ is defined as the output per unit of variable input

A) Marginal product	B) Production function
C) Total product	D) Average product

Answer & Explanation Answer: D) Average product

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A price floor is _____.

A) a maximum legal price	B) a minimum legal price
C) the price where demand equals supply	D) the price where elasticity of demand equals elasticity of supply

Answer & Explanation Answer: B) a minimum legal price

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following best describes monetary policy?

A) Managing the economy by controlling the money supply	B) Determining the design printed on the national currency
C) Regulating transactions in the currency exchange market	D) Raising and lowering the foreign exchange rate

Answer & Explanation Answer: A) Managing the economy by controlling the money supply

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Contraction of heart is also known as

A) Systole	B) Aristotle
C) Diastole	D) Lub

Answer & Explanation Answer: A) Systole

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

If cos(A-B) - cos(A+B) = x, then the value of x is

A) 2sinAsinB	B) 2cosAcosB
C) 2cosAsinB	D) 2sinAcosB

Answer & Explanation Answer: A) 2sinAsinB

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

The ratio of angles of a triangle are 1 : 2/3 : 3. Then the smallest angle is

A) 21 4/7°	B) 25°
C) 25 5/7°	D) 38 4/7°

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