Q:

If for a perfectly competitive firm, price is Rs. 60, output is 300 units, average variable costs are Rs. 18, and average total costs are Rs. 36. The firm's profits are equal to

A) Rs. 5400	B) Rs. 3600
C) Rs. 7200	D) Rs. 1800

Answer & Explanation Answer: C) Rs. 7200

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The Business Entity concept means that

Answer

The Business Entity concept is also called as Separate Entity or Economic Entity concept. This concept states that the transactions and all the balances related or associated with a business must be recorded or accounted separately from other businesses or the individual personal transactions.

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Subject: Business Awareness Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

With which IIT did the Indian Railways sign a MoU in Dec 2015, for setting up Centers for Railway Research?

A) IIT Madras	B) IIT Mandi
C) IIT Delhi	D) IIT Indore

Answer & Explanation Answer: A) IIT Madras

Explanation:

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Filed Under: General Awareness

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Q:

The council of ministers is collectively responsible to

A) Prime Minister	B) Rajya Sabha
C) President	D) House of the People

Answer & Explanation Answer: D) House of the People

Explanation:

The council of ministers is collectively responsible to House of the People. Cabinet collective responsibility, also known as collective ministerial responsibility, is a constitutional convention in Parliamentary systems that members of the cabinet must publicly support all governmental decisions made in Cabinet, even if they do not privately agree with them.

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The solubility of a gas in a liquid is

A) increased with increasing pressure	B) decreased with increasing temperature
C) Both A & B	D) None of the above

Answer & Explanation Answer: C) Both A & B

Explanation:

The solubility of a gas in a liquid is directly and inversely proportional to pressure and temperature respectively.

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1150

Q:

During which of the following operating conditions of an automobile, carbon monoxide content in exhaust gas is maximum?

A) Acceleration	B) Cruising
C) Idle running	D) Deacceleration

Answer & Explanation Answer: C) Idle running

Explanation:

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Filed Under: Physics

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Q:

The first programming language was

A) Perl	B) FORTRAN
C) Visual Basic	D) C

Answer & Explanation Answer: B) FORTRAN

Explanation:

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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

_________ software are freely available and can be edited and customized by anyone.

A) Free Source	B) Open Source
C) Easy Source	D) Unpaid Source

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