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Q:

Oligopolistic industries are characterized by

A) a few dominant firms and no barriers to entry B) a large number of firms and low entry barriers
C) a few dominant firms and substantial entry barriers D) a few dominant firms and low entry barriers
 
Answer & Explanation Answer: C) a few dominant firms and substantial entry barriers

Explanation:

Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.

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Filed Under: Business Awareness
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Q:

How many legs a mosquito has

 

A) 4 B) 6
C) 8 D) 10
 
Answer & Explanation Answer: B) 6

Explanation:
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Filed Under: Animals and Birds
Exam Prep: Bank Exams

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Q:

Hong Kong will be transferred to china in

A) 1990 B) 1996
C) 1997 D) 2000
 
Answer & Explanation Answer: C) 1997

Explanation:
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Filed Under: Important Days and Years

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Q:

Who is known as Modern Bhoja?

A) Krishnadeva Raya B) Shivaji
C) Asoka D) Alauddin Khilji
 
Answer & Explanation Answer: A) Krishnadeva Raya

Explanation:
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Filed Under: Famous Personalities
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Q:

Which of the following agencies related to the United nations was in existence before the Second world war

A) Food and Agriculture Organisations B) International Labour Organisaions
C) World health organisations D) International Monitory found
 
Answer & Explanation Answer: B) International Labour Organisaions

Explanation:
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Filed Under: World Organisations

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Q:

Which of the following is not a prime cost?

A) Supervisor's wages B) Assembly line wages
C) Machine operators wages D) Direct labor wages
 
Answer & Explanation Answer: A) Supervisor's wages

Explanation:

The prime cost calculates the use of raw materials and direct labor, but does not factor in indirect expenses, such as advertising and administrative costs.

Supervisor's wages doesn;t come under prime cost.

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Filed Under: Indian Economy
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Q:

Which is the strongest force in the universe?

Answer

Nuclear Force

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Subject: Physics

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Q:

Privately owned businesses are common in which type of economy?

A) Capitalist economies B) Socialist economies
C) Gift economies D) Planned economies
 
Answer & Explanation Answer: A) Capitalist economies

Explanation:
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Filed Under: General Awareness
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