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.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In perfect competition _____.

A) Products can be similar or different	B) Producer can control price by controlling production
C) Demand curve is perfectly elastic	D) All firms make economic profit in the long run

Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase	B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient	D) indicates that there is a direct relationship between quantity demanded and price

Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

A) Inocculate	B) Inoculate
C) Inouclulate	D) Inoculait

Answer & Explanation Answer: B) Inoculate

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

Environmental care (had slowly regressing) to the back of our daily requirements

A) is slowly regressing	B) were slowly regressing
C) are slowly regress	D) no improvement

Answer & Explanation Answer: A) is slowly regressing

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

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

Your motivational speech(A)/has had the tremendous(B)/effect on my students.(C)/No error(D)

A) A	B) B
C) C	D) D

Answer & Explanation Answer: B) B

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who among the following was honoured with the IAAF male Athlete of year Award for 2017 at a award ceremony in Monaco in November 2017?

A) Mutaz Essa Barshim	B) Usain Bolt
C) Mo Farah	D) Wayde van Niekerk

Answer & Explanation Answer: A) Mutaz Essa Barshim

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

What is the sum of the measures of all the interior angles of a regular polygon of 9 sides?

A) 1260	B) 1440
C) 1800	D) 2340

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