Q:

Who among the following was NOT one of the 'Nine Gems' of Emperor Akbar's court?

A) Raja Todar Mal	B) Fakir Aziao-Din
C) Abu'l-Fazil ibn Mubarak	D) Osman Ali Khan

Answer & Explanation Answer: D) Osman Ali Khan

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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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) If a thing	B) is worth doing at all
C) it is worth done well.	D) No error

Answer & Explanation Answer: C) it is worth done well.

Explanation:

Error is in third part. Since “doing” was used in second part it should be followed by “doing” in third part as well instead of using “done”. Such repetitive figure of speech is used in
English grammar to create emphasis. This sentence indicates that a thing that is worth doing is also worthy of doing well. Here worth is the noun that must be followed by the verb doing.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

A manufacturer faces price elasticity of demand of a -2 for its product. If it lowers its price by 5%, the increase in quantity sold will be

A) 3%	B) 10%
C) 2.50%	D) 7%

Answer & Explanation Answer: B) 10%

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

A) Rs. 32 crores	B) Rs. 52 crores
C) Rs. 18 crores	D) Rs. 38 crores

Answer & Explanation Answer: C) Rs. 18 crores

Explanation:

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Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent	B) 7.8 percent
C) 10.2 percent	D) 10 percent

Answer & Explanation Answer: A) 7.5 percent

Explanation:

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Q:

If demand curve for an electric tooth brush is D = 25000 - 7P and supply curve is S = 10000 + 8P, find the equilibrium Price?

A) Rs 150	B) Rs 1000
C) Rs 400	D) Rs 50

Answer & Explanation Answer: B) Rs 1000

Explanation:

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Exam Prep: Bank Exams

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Q:

Purchase of fixed assets on credit is originally recorded in

A) Purchases book	B) Journal Proper
C) Cash book	D) Ledger

Answer & Explanation Answer: B) Journal Proper

Explanation:

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

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Q:

Which is the form of market where there is lack of competition?

A) Monopoly	B) Oligopoly
C) Perfect competition	D) Marketisation

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