Questions

Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3% B) 10%
C) 2.50% D) 7%
 
Answer & Explanation Answer: B) 10%

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs B) price exceeds its average total costs
C) average variable costs exceed its average total costs D) fixed costs are zero
 
Answer & Explanation Answer: A) price exceeds its marginal costs

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which Union Ministry is to set up a National Faceless Penalty Centre?

A) Ministry of MSME B) Ministry of Finance
C) Ministry of Defence D) Ministry of Commerce and Industry
 
Answer & Explanation Answer: B) Ministry of Finance

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

One of four words is a class to which the other three belong. Identify the class.

A) Coal B) Lignite
C) Anthracite D) Peat
 
Answer & Explanation Answer: A) Coal

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

It is necessary, then, to keep our ____________ acts under some surveillance of attention, to pass them in review for inspection every now and _________, that we may discover possible modifications which will make them more serviceable. We need to be __________, constantly to find out better ways of doing things. Habit takes care of our standing, walking, sitting; but how many of us could _________ improve his poise and carriage if he would? Our speech has become largely automatic, but no doubt all of us might remove _____________ of enunciation, pronunciation or stress from our speaking.

 

to keep our ____________ acts under some surveillance

 

A) habitual   B) habit
C) habitually D) habits
 
Answer & Explanation Answer: A) habitual  

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Filed Under: English
Exam Prep: Bank Exams , TOEFL

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Many a travelogue I read nowadays are about how the traveller went on a road less travelled ___________ some off-the-track trek or to an unknown destination or simply into the wild. How no internet ________________ is what you need to reconnect with yourself! How leaving your watch and phone __________ and going into the world of no check-ins and no updates would bring you solitude! These write-ups are laced with adjectives describing the geography of the region and filled with__________ details of the author’s days in that remote place. And, ironically, they all end with a strange advice to travel, and tell no one. I beg to _________.

 

How no internet ________________ is what you need to

 

A) connectivity B) to connect
C) connects   D) connecting
 
Answer & Explanation Answer: A) connectivity

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

Who is number 1 in the Forbes 2016 ranking of World's billionaires?

A) Warren Buffet B) Amancio Ortega
C) Bill Gates D) Carlos Slim Helu
 
Answer & Explanation Answer: C) Bill Gates

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In April 2017, on the birth anniversary of Dr. B. R. Ambedkar which body announced the winners of Lucky Draw Schemes like ‘Lucky Grahak Yojana’ and ‘Digi-Dhan Vyapar Yojana’?

 

A) Reserve Bank of India B) State Bank of India
C) National Payments Corporation of India D) No option is correct
 
Answer & Explanation Answer: C) National Payments Corporation of India

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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