Q:

For a price taking firm, average revenue is ______ market price.

A) half of	B) equal to
C) double of	D) less than

Answer & Explanation Answer: B) equal to

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores	B) Rs 43.5 crores
C) Rs 76.5 crores	D) Rs 78.5 crores

Answer & Explanation Answer: D) Rs 78.5 crores

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If tea companies start using mechanised tea leave pickers

A) more people would want to work as tea leave pickers	B) unemployment of tea leave pickers will decrease
C) more tea will be produced per acre	D) then wages for manual tea leave pickers will fall

Answer & Explanation Answer: D) then wages for manual tea leave pickers will fall

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In India, which of the following is regulated by the Forward Markets Commission?

A) Currency Futures Trading	B) Commodities Futures Trading
C) Equity Futures Trading	D) Both Commodities Futures and Financial Futures Trading

Answer & Explanation Answer: B) Commodities Futures Trading

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

If O is the centroid and AD, BE and CF are the three medians of Δ ABC with an area of 96 cm2 then the area of Δ BOD in cm2 is

A) 8	B) 12
C) 16	D) 24

Answer & Explanation Answer: C) 16

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

The price of a chair is Rs. 500. It has been sold at two succesive discounts of 10% each. What is its selling price?

A) Rs. 400	B) Rs. 405
C) Rs. 415	D) Rs. 425

Answer & Explanation Answer: B) Rs. 405

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

ΔABC is a right angled triangle, the radius of its circumcircle is 3 cm and the length of its altitude drawn from the opposite vertex to the hypotenuse is 2 cm. Then the area of the triangle is

A) 12 sq cm	B) 3 sq cm
C) 6 sq cm	D) 5 sq cm

Answer & Explanation Answer: C) 6 sq cm

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

ITF Davis Cup is structured with a ___ nation World Group.

A) 8	B) 16
C) 20	D) 24

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