Questions

Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs B) price = average profit
C) price = marginal costs = minimum average total costs D) price = minimum average variable costs
 
Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If a country devalues its currency, its _______________

A) Exports become cheaper and imports become costlier B) Exports become costlier and imports become cheaper.
C) Exports value is equivalent to imports value D) No effect on exports and imports
 
Answer & Explanation Answer: A) Exports become cheaper and imports become costlier

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Filed Under: Indian Economy
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Q:

Macro economics deals with

A) the circular flow of income B) the decision making of a single economic variable like demand
C) resource allocation at firm level D) equilibrium prices and quantities
 
Answer & Explanation Answer: A) the circular flow of income

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Filed Under: Indian Economy
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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Tell him to take B) another photograph
C) of the group D) No error
 
Answer & Explanation Answer: A) Tell him to take

Explanation:

The error is in first part. ‘Tell’ should be replaced with ‘Ask’. Tell is a command whereas Ask is a request and hence more courteous in this case. As this is a request the sentence should start with ‘Ask’ rather than ‘tell’.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

An object travels 24 m in 3 s and then another 15 m in 2 s. What is the average speed of the object?

A) 7.8 m B) 7.8 m/s
C) 7.8 m-s D) 6.67 m/s
 
Answer & Explanation Answer: B) 7.8 m/s

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Q:

Pankaj Advani clinched his 13th World title after winning the World 6-Red Snooker Championship by defeating ___ of China.

A) Li Hang B) Chen Zhe
C) Yan Bingtao D) Lu Ning
 
Answer & Explanation Answer: C) Yan Bingtao

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which of the following changes when a body performs uniform circular motion?

A) Mass B) Momentum
C) Speed D) Direction
 
Answer & Explanation Answer: D) Direction

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

As per historical astronomy there are ___ zodiac divisions.

A) 9 B) 10
C) 11 D) 12
 
Answer & Explanation Answer: D) 12

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Filed Under: General Science
Exam Prep: Bank Exams

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