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

0 606

Q:

If for the year a country's GDP was $990 million, consumer spending was $630 million, investment by businesses was $110 million, exports were $55 million and imports were $45 million, calculate government spending?

A) $260 million	B) $240 million
C) $480 million	D) $460 million

Answer & Explanation Answer: B) $240 million

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 606

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

0 605

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

0 605

Q:

In human body, vertebrae are part of ___.

A) Intestine	B) Liver
C) Spinal cord	D) Brain

Answer & Explanation Answer: C) Spinal cord

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

1 605

Q:

ΔPQR is right angled at Q. If m∠R = 60o, then find the value of (secP - 1/√3)

A) (√6-6)/3√3	B) (1-3√2)/3
C) 1/√3	D) 2/√3

Answer & Explanation Answer: C) 1/√3

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Filed Under: Quantitative Aptitude - Arithmetic Ability

0 605

Q:

In the following figure, rectangle represents brand managers, circle represents cartoonist, triangle represents sculptors and square represents fathers. Which set of letters represents fathers who are either brand managers or cartoonists?

A) GDF	B) FDB
C) BCG	D) FDH

Answer & Explanation Answer: B) FDB

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Filed Under: Verbal Reasoning - Mental Ability

0 605

Q:

In which year was Facebook started?

A) 2002	B) 2004
C) 2008	D) 2009

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