Questions

Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In April 2017, Agriculture Ministry Unveiled Model APMC Act. The new Act proposes to put a Cap on Mandi taxes at what rate (in percent) for food grain?

A) 5 B) 1
C) 2.5 D) 8
 
Answer & Explanation Answer: B) 1

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Q:

An exculpatory clause is generally unenforceable when

A) it involves public transportation. B) it attempts to release a party from liability for ordinarily negligent behavior.
C) it is written clearly and in bold, large print. D) the affected activity is a recreational activity.
 
Answer & Explanation Answer: A) it involves public transportation.

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Q:

Which of the following statements is wrong with regard to strong acids?

A) Strong acids react very rapidly with other substances (such as metal carbonates and metal hydrogen carbonates) B) Hydrochloric acid, Sulphuric acid and Nitric acid are strong acids
C) Acids are those chemical substances that have a salty taste D) All minerals acids are strong acids
 
Answer & Explanation Answer: C) Acids are those chemical substances that have a salty taste

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Objects float on water based on ___.

A) Newton's third law of motion B) Hooke's law
C) Faraday's law D) Archimedes principle
 
Answer & Explanation Answer: D) Archimedes principle

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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Q:

In October 2017, who launched ‘Sampoorna Bima Gram (SBG) Yojana’, which aims to expand the clientele base of postal life Insurance?

 

A) Manoj Sinha B) Jayant Sinha
C) Arun Jaitley D) Suresh Prabhu
 
Answer & Explanation Answer: A) Manoj Sinha

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which Oil company has successfully conducted a 'Proof of Concept' feasibility study on 'Zero-emission electric mobility'?

A) Bharat Petroleum Corporation Ltd (BPCL) B) Oil India Ltd (OIL)
C) Indian Oil Corporation Ltd (IOCL) D) Reliance Industries Ltd (RIL)
 
Answer & Explanation Answer: C) Indian Oil Corporation Ltd (IOCL)

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Filed Under: General Awareness
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Q:

In March 2016, Election Commission of India declared assembly elections in ___ states scheduled for April - May 2016.

 

A) 3 B) 7
C) 5 D) 6
 
Answer & Explanation Answer: C) 5

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Filed Under: Indian Politics
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