Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition	B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition	D) (a) Oligopoly, (b) Pure Monopoly

Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

A) Rs 3000	B) Rs 2000
C) Rs 1000	D) Rs 7000

Answer & Explanation Answer: A) Rs 3000

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Who is the only Indian economist to have won the Nobel prize?

A) Avinash Dixit	B) Amit Mishra
C) Amartya Sen	D) Abhijit Banerjee

Answer & Explanation Answer: C) Amartya Sen

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is considered a "diversified" investment?

A) Index Fund	B) Mutual Fund
C) Both of these	D) Neither of these

Answer & Explanation Answer: C) Both of these

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

How are elements arranged in the Modern Periodic Table?

A) In the increasing order of their Molecular Mass	B) In the increasing order of their Atomic Mass
C) In the increasing order of their Atomic Number	D) In the increasing order of their Mass Number

Answer & Explanation Answer: B) In the increasing order of their Atomic Mass

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following meals is NOT obtained by reduction using carbon?

A) Copper	B) Sodium
C) Iron	D) Zinc

Answer & Explanation Answer: B) Sodium

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

Which of the following represents the CORRECT scheme of sub-groups at various levels in classification?

A) Kingdom → Phylum → Class → order → Family → Genus → Species	B) Kingdom → Order → Class → Family → Genus → Species → Phylum
C) Kingdom → Phylum → Order → Genus → Species → Class → Family	D) Phylum → Kingdom → Class → Order → Genus → Family → Species

Answer & Explanation Answer: A) Kingdom → Phylum → Class → order → Family → Genus → Species

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Two circles of same radius intersect each other at P and Q. If the length of the common chord is 30 cm and distance between the centres of the two circlesis 40 cm, then what is the radius (in cm) of the circles?

A) 25	B) 26
C) 27	D) 28

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