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Q:

A profit maximizing firm will

A) Use less of an input B) Operates where marginal revenue equals marginal cost.
C) Increase in production D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

A firm maximizes profit by operating where marginal revenue equals marginal cost. They use less of an input in producing more products to increse their profits.

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Filed Under: Manufacturing
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Q:

Who has the record of highest number of Gold Medals in the history of Olympics?

A) Usain Bolt B) Michael Phelps
C) Larisa Latynina D) Ian Thorpe
 
Answer & Explanation Answer: B) Michael Phelps

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Filed Under: Honours and Awards
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Q:

How does La-Nina affect the Pacific Ocean?

A) Decreases salinity of ocean B) Cools downs the temperature of water
C) Maintains stable temperature of water D) Increases salinity of ocean
 
Answer & Explanation Answer: B) Cools downs the temperature of water

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Filed Under: World Geography
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Spin one's wheels

 

A) Keep bragging about oneself B) Try your luck
C) Expel much effort for little or no gain D) Start a long journey
 
Answer & Explanation Answer: C) Expel much effort for little or no gain

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Filed Under: English
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

He swam to(A)/an island that(B)/was not far away.(C)/No error(D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: D) D

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Filed Under: English
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Q:

According to the 2016 Jane's Defence Budgets Report,India's position among the global defence spender is _____________.

A) Fourth B) Third
C) Ninth D) Fifth
 
Answer & Explanation Answer: A) Fourth

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Filed Under: General Awareness
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Q:

Which one of the following institutions is also called "World Bank" ?

A) International Bank of Reconstruction and Development B) International Monetary Fund
C) UNICEF D) IFC
 
Answer & Explanation Answer: A) International Bank of Reconstruction and Development

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Filed Under: General Awareness
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Q:

Who is the present (2017) Secretary General of SAARC?

A) Tajuddin Ahmed B) Mujibur Rehman
C) Muhammad Mansur Ali D) Mr. Amjad Hussain B. Sial
 
Answer & Explanation Answer: D) Mr. Amjad Hussain B. Sial

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Filed Under: General Awareness
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