Q:

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

A) price exceeds its marginal costs	B) price exceeds its average total costs
C) average variable costs exceed its average total costs	D) fixed costs are zero

Answer & Explanation Answer: A) price exceeds its marginal costs

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following sets of taxes belongs to Central Government?

A) Excise duty, Sales tax and Custom duty	B) Income tax, Custom duty and House tax
C) Excise duty, Custom duty and Income tax	D) Custom duty, Entertainment tax and Income tax

Answer & Explanation Answer: C) Excise duty, Custom duty and Income tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The International Cricket Council (ICC), the international governing body of Cricket founded by 1909 by

A) International Cricket Conference	B) International Cricket Council
C) Imperial Cricket Council	D) Imperial Cricket Conference

Answer & Explanation Answer: D) Imperial Cricket Conference

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

When was the battle of Chillianwala fought?

A) 1865	B) 1892
C) 1849	D) 1856

Answer & Explanation Answer: C) 1849

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Choose the odd word/letters/number/number pair from the given alternatives.

A) 926	B) 122
C) 225	D) 491

Answer & Explanation Answer: C) 225

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Who took charge as the Chief Minister of Goa after the 2017 elections?

A) Bharat Vir Wanchoo	B) Manohar Parrikar
C) Churchill Alemao	D) Dayanand Narvekar

Answer & Explanation Answer: B) Manohar Parrikar

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which of the following Acts under the Indian Constitution is described by Article 21A?

A) Right to Education	B) Right to Information
C) Representation of the People	D) Right to Freedom of Religion

Answer & Explanation Answer: A) Right to Education

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Which company has partnered with SIDBI, to provide a finance scheme to MSMEs in rooftop solar segment?

A) L&T	B) Tata Power
C) Ashok Leyland	D) Mahindra & Mahindra

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