Questions

Q:

In ____________, the short run equilibrium results in quantity produced being lesser and prices being higher compared to perfect competition.

A) Monopsony B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: D) Monopolistic Competition

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Filed Under: Indian Economy
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Q:

If cash reserve ratio decreases, credit creation will _______.

A) increase B) decrease
C) does not change D) first decreases than increases
 
Answer & Explanation Answer: A) increase

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Q:

Calculate the accounting profits for a firm, if its economic profits for the year are Rs 60 crores, total implicit costs are Rs 18.5 crores and total explicit costs are Rs 35 crores

A) Rs 113.5 crores B) Rs 43.5 crores
C) Rs 76.5 crores D) Rs 78.5 crores
 
Answer & Explanation Answer: D) Rs 78.5 crores

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Q:

Working capital is a measure of

A) liquidity B) consistency
C) profitability D) solvency
 
Answer & Explanation Answer: A) liquidity

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

The magician placed the ball (1)/ underneath of his hat and (2)/ made a mystic sign above it. (3)/No Error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

To bite the bullet

A) Hatred should be nipped in the bud B) To do something difficult that one has been hesitating over
C) To punish someone who was later found to be not guilty D) To prevent someone form getting killed
 
Answer & Explanation Answer: B) To do something difficult that one has been hesitating over

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

 

The master asked the people why they prevented him from going near the tiger.

 

A) The master said to the people,"Why do you prevent me from going near the tiger." B) The master asked the people,"Why do they prevent me from going near the tiger?"
C) The master asked the people,"Why are they preventing him from going near the tiger?" D) The master was asking the people,"Why do you prevent me from going near the tiger?"
 
Answer & Explanation Answer: A) The master said to the people,"Why do you prevent me from going near the tiger."

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Improve the bracketed part of the sentence.
(No sooner the advertisement regarding the launch of new smart phone appeared) than there was a rush on the online website for prebooking the same.

A) No sooner the advertisement regarding the launched of new smart phone appeared B) No sooner did the advertisement regarding the launch of new smart phone appeared
C) The advertisement regarding the launch of new smart phone was no sooner having appeared D) No improvement
 
Answer & Explanation Answer: B) No sooner did the advertisement regarding the launch of new smart phone appeared

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Filed Under: English
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