Q:

In perfect competition a firm maximizes profit by _____.

A) setting price such that price is equal to or greater than its marginal costs	B) setting output such that price equals average total costs
C) setting output such that price equals marginal costs	D) setting price so that it is greater than marginal cost

Answer & Explanation Answer: C) setting output such that price equals marginal costs

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 910

Q:

The APC can be defined as the fraction of a:

A) change in income that is not spent.	B) change in income that is spent.
C) specific level of total income that is not consumed.	D) specific level of total income that is consumed.

Answer & Explanation Answer: D) specific level of total income that is consumed.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Graphical analysis of tariffs reveals that

A) they benefit domestic consumers at the expense of domestic producers.	B) revenue gains outweigh the costs to domestic consumers.
C) they increase domestic production of the good for which imports face tariffs.	D) although the benefits are not shared equally, everyone in the domestic economy benefits from tariffs

Answer & Explanation Answer: C) they increase domestic production of the good for which imports face tariffs.

Explanation:

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Filed Under: Indian Economy
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Q:

Kishanganga Project is a major reason for contention between India and________.

A) Nepal	B) Bangladesh
C) Pakistan	D) China

Answer & Explanation Answer: C) Pakistan

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

Which of the following elements has the lowest melting point?

A) Bromine	B) Zinc
C) Lead	D) Calcium

Answer & Explanation Answer: A) Bromine

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following are highly compressible?

A) Solid	B) Liquid
C) Gas	D) Solid and Liquid

Answer & Explanation Answer: C) Gas

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In this section, each of the following sentences has a blank space and four words are given below it. select the word or group of words you consider most appropriate for the blank space and indicate your response on the Answer Sheet accordingly.

We should give everyone training in citizenship but we have ____________ this aspect till now.

A) denied	B) neglected
C) refused	D) disallowed

Answer & Explanation Answer: B) neglected

Explanation:

Neglected means not given proper attention, hence it is the only suitable option. Denied means to declare untrue. Refused means to show unwillingness. Disallowed means to refuse to allow.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word. Negotiate

A) Adjust	B) Consult
C) Debate	D) Remain

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