Q:

Which of the following is necessary for a natural monopoly?

A) economies of scale	B) a high proportion of the total cost as the cost of capital goods
C) very small market	D) All options are correct.

Answer & Explanation Answer: D) All options are correct.

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 22954

Q:

The name of the first bank established in India was

A) Bank of Hindustan	B) Reserve Bank of Indian
C) Imperial Bank	D) State Bank of India

Answer & Explanation Answer: C) Imperial Bank

Explanation:

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Filed Under: Inventions
Exam Prep: Bank Exams

120 22942

Q:

Match the characteristics with their market structure:

(a) Differentiated products, but close substitutes for consumers so their demand curves are elastic
(b) Homogeneous product, all goods are perfect substitutes for consumers

A) (a) Monopolistic Competition, (b) Pure Competition	B) (a) Monopolistic Competition, (b) Pure Monopoly
C) (a) Pure Monopoly, (b) Pure Competition	D) (a) Pure Monopoly, (b) Pure Competition

Answer & Explanation Answer: A) (a) Monopolistic Competition, (b) Pure Competition

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 22932

Q:

Which among the following have a 'mixed heart'?

A) Reptiles	B) Nematodes
C) Birds	D) Fishes

Answer & Explanation Answer: A) Reptiles

Explanation:

Mixed heart means the heart in which the oxygenated and the deoxygenated blood is mixed. Reptiles and amphibians have mixed heart.

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Filed Under: Animals and Birds
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

20 22928

Q:

When did all the trade unions, except Ahmedabad Textile Labor Union, be unified?

A) 1930	B) 1928
C) 1932	D) 1933

Answer & Explanation Answer: A) 1930

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

0 22917

Q:

What does airbag, used for safety of car driver, contain?

A) Sodium bicarbonate	B) Sodium azide
C) Sodium nitrite	D) Sodium peroxide

Answer & Explanation Answer: B) Sodium azide

Explanation:

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Filed Under: General Science

203 22902

Q:

Which of the following statements about Bitcoin is/are correct?

1.It is a decentralized virtual currency.

2.It is generated through complex computer software systems.

3.The Reserve Bank of India recognized it as a legal tender in January 2016.

Select the correct answer using the code given below.

A) 1 only	B) 1 and 2 only
C) 2 and 3 only	D) 1, 2 and 3

Answer & Explanation Answer: B) 1 and 2 only

Explanation:

Bitcoin is the world's first cryptocurrency, a form of electronic cash.It is the first decentralized digital currency: the system was designed to work without acentral bankor single administrator.Bitcoins are sent from user to user on the peer-to-peer bitcoin network directly, without the need for intermediaries. These transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a block chain. Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto. Bitcoins are not recognised as a legal tender by Reserve Bank of India.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 22882

Q:

Olympus Mons, is the largest ……………. in the solar system?

A) Galaxy	B) Crater
C) Volcano	D) Asteroid

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