Questions

Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores B) Rs 300 crores
C) Rs 60 crores D) Rs 250 crores
 
Answer & Explanation Answer: C) Rs 60 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2 B) 1.2
C) -1.5 D) 1.5
 
Answer & Explanation Answer: A) -1.2

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In which of the following countries India celebrated a cultural festival named ‘India by the Nile’ in 2017?

A) Iran B) Brazil
C) Egypt D) UAE
 
Answer & Explanation Answer: C) Egypt

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which is India's first defense satellite?

A) INSAT 2B B) GSAT - 7
C) GSAT - 6 D) IRS - 1A
 
Answer & Explanation Answer: B) GSAT - 7

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Q:

Who among the following has been appointed as New Chairman of National Anti-Profiteering Authority (NAAP) under Goods & Services Tax (GST)?

A) BN Sharma B) Ansul Gupta
C) Shravan Choudhary D) NK Sharma
 
Answer & Explanation Answer: A) BN Sharma

Explanation:

Senior IAS officer BN Sharma has been appointed as New Chairman of National Anti-Profiteering Authority (NAAP) under Goods & Services Tax (GST). The post of NAAP Chairman is equivalent to the rank of Secretary to Union Government.

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Filed Under: General Awareness

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Q:

What is the local name given to the parliament of Pakistan?

A) Majilis B) Majilis-e-Shoora
C) Saeima-e-majilis D) Jatia Parliament
 
Answer & Explanation Answer: B) Majilis-e-Shoora

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Q:

In which direction does the tail of a comet point toward?

A) Away from the sun B) Towards the sun
C) Away from earth D) Towards the earth
 
Answer & Explanation Answer: A) Away from the sun

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 

But the war did not cease; though friend and foe alike were almost drowned in blood. It seemed as powerful as eternity, and in time Tony Vassall too went to battle and was killed. The country gave Patience a widow's pension, as well a touching inducement to marry again; she died of grief. Many people died in those days, it was not strange at all. Nathan and his wife got so rich that after the war they died of overeating, and their daughter Olive came into a vast fortune and a Trustee.

 

From this passage we learn that Tony Vassal was

 

A) Patience's husband B) a soldier's son
C) Nathan's relative D) very successful
 
Answer & Explanation Answer: A) Patience's husband

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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