Questions

Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores B) Rs. 52 crores
C) Rs. 18 crores D) Rs. 38 crores
 
Answer & Explanation Answer: C) Rs. 18 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A minimum wage _____.

A) is the price floor below which workers may not sell their labor B) is set at a price below the equilibrium wage
C) creates a price ceiling below which the wage cannot legally go D) decreases unemployment
 
Answer & Explanation Answer: A) is the price floor below which workers may not sell their labor

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which level does macroeconomics focus on?

A) Government B) Business
C) Personal D) None
 
Answer & Explanation Answer: A) Government

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Filed Under: Indian Economy
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Q:

Who among the following is a recipient of Padma Bhushan for the year 2018 in the field of Art-Painting?

 

A) Laxman Pai B) Arvind Parikh
C) Sharda Sinha D) Ramachandran Nagaswamy
 
Answer & Explanation Answer: A) Laxman Pai

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one, which best expresses the same sentence in Passive/Active voice.

 

The most useful gift of my wedding was given to me by my aunt.

A) My aunt gave me the most useful gift of my wedding. B) My aunt had given me the most useful gift of my wedding.
C) The gift which has been most useful has been given to me by my aunt. D) My aunt has given me the most useful gift of my wedding.
 
Answer & Explanation Answer: A) My aunt gave me the most useful gift of my wedding.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

_____ is the cell organelle, in which the biochemical processes of respiration and energy production occur.

A) Mitochondria B) Chloroplast
C) Ribosomes D) Nucleus
 
Answer & Explanation Answer: A) Mitochondria

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

On 3 January 2018, Lok Sabha passed Ancient Monuments and Archaeological Sites and Remains (Amendment) Bill, 2017. The Bill seeks to permit construction in ‘Prohibited areas’ for ______.

 

A) Private Purposes B) Public Purposes
C) Both public and private Purposes D) None of these
 
Answer & Explanation Answer: B) Public Purposes

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which five year plan aimed at following regional approach, instead of a sectoral approach so as to bring down regional inequalities?

 

A) Ninth Five year plan B) Eighth Five year plan
C) Tenth Five year plan D) Eleventh Five year plan
 
Answer & Explanation Answer: C) Tenth Five year plan

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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