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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
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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
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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

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Q:

Working capital is a measure of

A) liquidity B) consistency
C) profitability D) solvency
 
Answer & Explanation Answer: A) liquidity

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

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Q:

The fat digesting enzyme Lipase is secreted by which of the following

A) Kidneys B) Pancreas
C) Large Intestine D) Liver
 
Answer & Explanation Answer: B) Pancreas

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Filed Under: Biology
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Q:

Article 44 of the Indian Constitution "Uniform civil code for the citizens" deals with _____.

A) the directive principles of state policy B) the Union Government
C) the State Government D) the fundamental rights of the Indian Citizen
 
Answer & Explanation Answer: A) the directive principles of state policy

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Filed Under: Indian Politics
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Q:

The centre of the reflecting surface of a spherical mirror is a point called the ___.

A) pole B) focus
C) radius D) aperature
 
Answer & Explanation Answer: A) pole

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Filed Under: Physics
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Q:

Who devised the policy of Doctrine of Lapse?

A) Lord Curzon B) Lord Mountbatten
C) Lord Dalhousie D) Robert Clive
 
Answer & Explanation Answer: C) Lord Dalhousie

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Filed Under: Indian History
Exam Prep: Bank Exams

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