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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In a market system, the central problems regarding how much and what to produce are solved through the coordination of economic activities brought about by ________ signals.

A) Supply B) Demand
C) Price D) Stock Market
 
Answer & Explanation Answer: C) Price

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Filed Under: Indian Economy
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Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores B) Rs 300 crores
C) Rs 60 crores D) Rs 250 crores
 
Answer & Explanation Answer: C) Rs 60 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In the given question, an idiom/phrase highlighted in bold is given in a sentence. Choose the most suitable meaning of the idiom/phrase.

I hope you pardon my French that I used during the serious and intense discussion we were having yesterday.

A) Excuse my use of incorrect French B) Excuse my inappropriate language
C) Excuse my untidiness D) Excuse my behaviour
 
Answer & Explanation Answer: B) Excuse my inappropriate language

Explanation:

The phrase “pardon my French” is usually used humorously to denote an excuse for using taboo words or inappropriate words. The above sentence speaks of a person asking another person to excuse him for using inappropriate language during their discussion. Out of the given option, option 2 is correct.

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Filed Under: English

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Q:

What is the Greenhouse Effect?

A) The fall in population of plants due to human activity B) It is the warming of earth's surface due to its atmosphere
C) The polluting effect of burning fossil fuels D) The heating of the atmosphere due to depletion of the ozone layer
 
Answer & Explanation Answer: B) It is the warming of earth's surface due to its atmosphere

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Human blood platelets releases ___ which helps in clotting of blood.

A) Prothrombin B) Fibrin
C) Fructose D) Sucrose
 
Answer & Explanation Answer: A) Prothrombin

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

Look at the underlined part of each sentence. Below each sentence are given three possible substitutions for the underlined part. If one of them (a), (b) or (c) is better than the underlined part, indicate your response on the Answer Sheet against the corresponding letter. If none of the substitutions imporves the sentence, indicate (d) as your response on the Answer Sheet.

 


The teacher, along with her three children, were taken to hospital.

A) was taken B) had taken
C) had being taken D) No improvement
 
Answer & Explanation Answer: A) was taken

Explanation:

The subject ‘The teacher’ is singular, hence ‘was taken’ will be the correct expression. Since the teacher was herself taken to the hospital so b and c are incorrect.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which one of the following events is not correctly matched with the year in which it happened?

A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985 B) Conclusion of the Uruguay Round of GATT—1994
C) Inauguration of the World Trade Organization—1995 D) Establishment of the first wholly electronic stock exchange (Nasdaq)—1971
 
Answer & Explanation Answer: A) Inauguration of the SWIFT system of electronic inter bank fund transfers worldwide—1985

Explanation:

•SWIFT was founded in the 1970s, based on the ambitious and innovative vision of creating a global financial messaging service, and a common language for international financial messaging.

•The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

•The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement.

•Founded by the National Association of Securities Dealers, the NASDAQ began trading on February 8, 1971, as the world's first electronic stock market.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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