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Q:

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the marginal revenue is zero.

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

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The 7.6% growth rate registered by Indian economy during the year 2015-16 is based on 

A) Gross   National   Product   at   market prices B) Gross Value Added at constant prices
C) Gross   Domestic   Product   at   market prices D) Gross  Domestic  Product  at  constant prices
 
Answer & Explanation Answer: D) Gross  Domestic  Product  at  constant prices

Explanation:

The Central Statistics Office (CSO), Ministry of Statistics and Programme   Implementation,   has released  the  provisional  estimates of national income for the financial year 2015-16 and quarterly estimates    of    Gross    Domestic Product    (GDP)    for    the    fourth quarter  (January-March)  of  2015-16,   both   at   constant   (2011-12) and current prices.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

If any Fundamental Right of a citizen is breached, then under Article 32 of Indian Constitution he can directly go to the ______

A) Chief Minister of state   B) Prime Minister of India  
C) Supreme Court of India   D) Governor of state
 
Answer & Explanation Answer: C) Supreme Court of India  

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Filed Under: Indian Politics
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Q:

Which among the following is NOT an event during the photosynthesis process?

A) Absorption of light energy by chlorophyll B) Conversion of light energy to chemical energy
C) Splitting of water molecules into hydrogen and oxygen D) Oxidation of carbon dioxide to carbohydrates
 
Answer & Explanation Answer: D) Oxidation of carbon dioxide to carbohydrates

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Filed Under: General Science
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Q:

The energy which we get from food is measured in

A) Calories B) Kelvin
C) Fat D) Amperes
 
Answer & Explanation Answer: A) Calories

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The oldest form of cultivation in Sri Lanka is known as

A) Ladang B) Chena
C) Jhumming D) Tamarai
 
Answer & Explanation Answer: B) Chena

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In October 2017, the biggest ever highway project was launched in India. It aims to develop approximately how many kilometers of roads by year 2022?

 

A) 65000 B) 83000
C) 1,00,000 D) 50000
 
Answer & Explanation Answer: B) 83000

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Filed Under: General Awareness
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Q:

According to the ‘World Inequality Report 2018’, released by World Inequality Lab based in Paris, which of the following country has the Highest Income Inequality?

A) Pakistan B) Bangladesh
C) India D) China
 
Answer & Explanation Answer: C) India

Explanation:

India has the Highest Income Inequality according to the ‘World Inequality Report 2018’, released by World Inequality Lab based at Paris School of Economics. India’s Top 1% of earners grabbed 22% share of national income, while bottom 50% managed to get only 15% share.

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