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Q:

Match the characteristics with their market structure:

(a) Differentiated products, but close substitutes for consumers so their demand curves are elastic
(b) Homogeneous product, all goods are perfect substitutes for consumers

A) (a) Monopolistic Competition, (b) Pure Competition B) (a) Monopolistic Competition, (b) Pure Monopoly
C) (a) Pure Monopoly, (b) Pure Competition D) (a) Pure Monopoly, (b) Pure Competition
 
Answer & Explanation Answer: A) (a) Monopolistic Competition, (b) Pure Competition

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A particle which is similar to electron is

A) positron B) beta particle
C) photon D) mason
 
Answer & Explanation Answer: B) beta particle

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Filed Under: Chemistry

10 6538
Q:

Phycology is the branch of botany in which we study about

A) Algae B) Fungi
C) Ecology D) Virus
 
Answer & Explanation Answer: A) Algae

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Filed Under: Biology

27 6538
Q:

Onion Eating Festival is celebrated in which country ?

A) Sweden B) Thailand
C) New Delhi D) Spain
 
Answer & Explanation Answer: D) Spain

Explanation:

Sweden - Potato Festival

Thailand - Vegetarian Festival

New Delhi - International Mango Festival

Spain - Onion Eating Festival

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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21 6538
Q:

Father of Modern Western Education in India?

A) Lord Aucland B) William Bentick
C) Lord Dalhousie D) Lord Hardinge
 
Answer & Explanation Answer: B) William Bentick

Explanation:

The western education system was introduced in India by Lord William Bentinck. He is also responsible for a large no of social reforms like the abolition of Sati, infanticide and child marriage.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
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4 6538
Q:

Expanded form of the term LIBOR is: _____________.

 

A) London Inter-Bank Offered Rate B) London Inter-Bank Operational Rate
C) London Inter-Bank Offsite Rate D) London Inter-Bank Onsite Rate
 
Answer & Explanation Answer: A) London Inter-Bank Offered Rate

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The world smallest country is

A) Canada B) Australia
C) Maldives D) Vatican City
 
Answer & Explanation Answer: D) Vatican City

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Filed Under: General Awareness

17 6530
Q:

The Largest Component of National Income is

A) Proprietors Income B) Compensation of Employees
C) Corporate Profits D) Rental Income
 
Answer & Explanation Answer: B) Compensation of Employees

Explanation:

National Income is the total income value of the goods and services produced by the residents of a country, usually during the period of one year.

National Income is categorized into 6 components. They are :

1. Compensation of Employees (Wages and Benefits)
2. Corporate Profits
3. Rental Income
4. Proprietors Income (Income of unincorporated business)
5. Net Interest

The Largest Component of National Income is Compensation of Employees.

 

The Largest component of National Income in India is Service Sector.

 

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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