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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 594
Q:

­ Inflation exists when

A) there is general increase in the prices over time. B) there are periodic decreases in the price level.
C) there are continuous increases in the output level over time. D) there is rise in the purchasing value of money.
 
Answer & Explanation Answer: A) there is general increase in the prices over time.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 594
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) Although we reached his house on time B) he was left
C) for the airport. D) No error
 
Answer & Explanation Answer: B) he was left

Explanation:

The error is in second part. In the given sentence two events occur one after the other. ‘He left’ before ‘we reached’. So, the event that was completed before the occurrence of the next event shall be expressed in past perfect tense. Therefore, the correct form of verb will be “had left”.

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Filed Under: English
Exam Prep: Bank Exams

0 594
Q:

___ is not a chemical change.

A) Cooking an egg B) Melting an ice cube
C) Baking a cake D) Rotting Bananas
 
Answer & Explanation Answer: B) Melting an ice cube

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The smell that we get when LPG cylinder leaks is due to the presence of

A) Nitrogen peroxide B) Carbon monoxide
C) Sulphur compound D) Carbon dioxide
 
Answer & Explanation Answer: C) Sulphur compound

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

When a number is divided by 56, the remainder will be 29. If the same number is divided by 8, then the remainder will be

A) 6 B) 7
C) 5 D) 3
 
Answer & Explanation Answer: C) 5

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

After his stint as the Reserve Bank Governor, which University in USA did Raghuram Rajan join as professor of Finance?

A) Harvard Business School, Boston B) Berkeley Haas, California
C) Booth School, Chicago D) Columbia Business School, New York
 
Answer & Explanation Answer: C) Booth School, Chicago

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Boiling point of water is ___.

A) 210 deg F B) 212 deg F
C) 214 deg F D) 208 deg F
 
Answer & Explanation Answer: B) 212 deg F

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Filed Under: General Science
Exam Prep: Bank Exams

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