Questions

Q:

The _________ of a firm is a relationship between inputs used and output produced by the firm.

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: B) Production function

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Filed Under: Indian Economy
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Q:

A ___________ deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: A) Current Account

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Filed Under: Indian Economy
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Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores B) Rs 300 crores
C) Rs 60 crores D) Rs 250 crores
 
Answer & Explanation Answer: C) Rs 60 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Find equation of the perpendicular to segment joining the points A(0,4) and B(-5,9) and passing through the point P. Point P divides segment AB in the ratio 2:3.

A) x - y = 8 B) x - y = -8
C) x + y = -8 D) x + y = 8
 
Answer & Explanation Answer: B) x - y = -8

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Q:

Gandhi Ji started the Non-Cooperation Movement in?

A) 1880 B) 1900
C) 1920 D) 1940
 
Answer & Explanation Answer: C) 1920

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Filed Under: Indian History
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Q:

Which Indian badminton player won the silver medal in the 2016 Rio Olympics?

A) Sania Mirza B) PV Sindhu
C) Saina Nehwal D) Rituparna Das
 
Answer & Explanation Answer: B) PV Sindhu

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Filed Under: Sports
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Q:

There are total _________ parliamentary seats (Rajya Sabha constituency) in Odisha.

A) 11 B) 19
C) 10 D) 1
 
Answer & Explanation Answer: C) 10

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Filed Under: Indian Politics
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Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985 B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995 D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
 
Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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