Questions

Q:

In ____________, the short run equilibrium results in quantity produced being lesser and prices being higher compared to perfect competition.

A) Monopsony B) Monopoly
C) Oligopoly D) Monopolistic Competition
 
Answer & Explanation Answer: D) Monopolistic Competition

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Filed Under: Indian Economy
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Q:

In India, which of the following is regulated by the Forward Markets Commission?

A) Currency Futures Trading B) Commodities Futures Trading
C) Equity Futures Trading D) Both Commodities Futures and Financial Futures Trading
 
Answer & Explanation Answer: B) Commodities Futures Trading

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Exam Prep: Bank Exams , CAT

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Q:

The consumption schedule is such that

A) the MPC and the APC must be equal at all levels of income. B) the APC is constant and the MPC declines as income rises.
C) both the APC and the MPC increase as income rises. D) the MPC is constant and the APC declines as income rises.
 
Answer & Explanation Answer: D) the MPC is constant and the APC declines as income rises.

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Q:

In the following question below are given some statements followed by some conclusions. Taking the given statements to be true even if they seem to be at variance from commonly known facts, read all the conclusions and then decide which of the given conclusion logically follows the given statements.
Statements:
I. All rackets are bats.
II. All bats are wickets.
Conclusions:
I. Some wickets are rackets.
II. All wickets are rackets.

%MCEPASTEBIN%

A) Only conclusion (I) follows. B) Only conclusion (II) follows.
C) Neither conclusion (I) nor conclusion (II) follows. D) Both conclusions follow.
 
Answer & Explanation Answer: A) Only conclusion (I) follows.

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Filed Under: English
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Q:

Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. If there is no error, the answer is (E), ie ‘No error’. (Ignore the errors of punctuation, if any.)The consolation messages (A) / received on the(B)/ demise of Mrs. Malhotra (C) / speaks highly of her enormity. (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: D) D

Explanation:

Here, the error is in part 4. As 'messages' is plural “speaks” will be replaced by “speak”. The rule applied is of subject verb agreement

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Q:

In which state is the valley of Flowers National park situated?

A) Uttarakhand B) Himachal Pradesh
C) Jammu and Kashmir D) Assam
 
Answer & Explanation Answer: A) Uttarakhand

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Filed Under: Indian Geography
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Q:

Except Helium, all noble gases have how many electrons in the outermost shell?

A) 4 B) 8
C) 6 D) 10
 
Answer & Explanation Answer: B) 8

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Filed Under: Chemistry
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Q:

Which of the below options is called a laughing gas?

A) N2O B) CO2
C) H2O D) SO2
 
Answer & Explanation Answer: A) N2O

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Filed Under: Chemistry
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