Q:

For each perfectly competitive firm in the long run

A) price = marginal costs = average variable costs	B) price = average profit
C) price = marginal costs = minimum average total costs	D) price = minimum average variable costs

Answer & Explanation Answer: C) price = marginal costs = minimum average total costs

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If for a perfectly competitive firm, price is Rs 7.2, output is 4500 units, average variable costs are Rs 1.2, and average total costs are Rs 4. The firm's profits are equal to

A) Rs 7200	B) Rs 9000
C) Rs 14400	D) Rs 19800

Answer & Explanation Answer: C) Rs 14400

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

In each of the following choose the word most nearly opposite in meaning to the word given in capitals.

“DEROGATORY”

A) Conferred	B) Immediate
C) Praising	D) Private

Answer & Explanation Answer: C) Praising

Explanation:

Derogatory means showing a critical or disrespectful attitude and, Praising means express warm approval. Both words are opposite in nature.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question,
choose the correct alternative and click the button corresponding to it.
I have been _____ this problem since noon.

A) working into	B) working on
C) working for	D) with after

Answer & Explanation Answer: B) working on

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who is the Bengali writer who won the 31st Moortidevi Award for the year 2017?

A) Joy Goswami	B) Taslima Nasreen
C) Subhro Bandhopadhyay	D) Baby Halder

Answer & Explanation Answer: A) Joy Goswami

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

3 men dig a hole in 10 days. How many days would it take for 5 men to dg the same hole?

A) 50/3	B) 7
C) 5	D) 6

Answer & Explanation Answer: D) 6

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

Which of the following voted for Brexit in June 2016?

A) England and Scotland	B) England and Wales
C) Scotland and Northern Ireland	D) Wales and Northern Ireland

Answer & Explanation Answer: B) England and Wales

Explanation:

The decision by the electorate was to "Leave the European Union" which won by a majority of 1,269,501 votes (3.78%) over those who had voted in favour of "Remain a member of the European Union" with England and Wales voting to "Leave" whilst Scotland and Northern Ireland voted to "Remain".

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Who made the first chocolate bar?

A) Nestle	B) The Hershey Company
C) Joseph Fry & Sons	D) Pearson's

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