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

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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

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Q:

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

A) Although we reached his house on time	B) he was left
C) for the airport.	D) No error

Answer & Explanation Answer: B) he was left

Explanation:

The error is in second part. In the given sentence two events occur one after the other. ‘He left’ before ‘we reached’. So, the event that was completed before the occurrence of the next event shall be expressed in past perfect tense. Therefore, the correct form of verb will be “had left”.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which organ is not a gland?

A) Adrenal	B) Liver
C) Pituitary	D) Gall bladder

Answer & Explanation Answer: D) Gall bladder

Explanation:

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech . Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.

"Good-bye! Dear friend," said the patriot, "we will meet again."

A) The patriot said good-bye to his dear friend and said that they will meet again.	B) The patriot bade his friend good-bye and said that they must meet again.
C) Bidding his dear friend good-bye, the patriot said that they would meet again.	D) The patriot said good-bye to his friend and said that they are sure to meet again.

Answer & Explanation Answer: C) Bidding his dear friend good-bye, the patriot said that they would meet again.

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who is the famous Indian actress who stars in the 'Quantico' TV series on American Broadcasting Corporation?

A) Alia Bhatt	B) Deepika Padukone
C) Priyanka Chopra	D) Malaika Arora

Answer & Explanation Answer: C) Priyanka Chopra

Explanation:

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Filed Under: Famous Personalities
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

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which sport has the highest rank of Yokozuna?

A) Sumo wrestling	B) Judo
C) Jujitsu	D) Kendo

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