Q:

A market situation when firms sell similar but not identical products is termed as

A) perfect competition	B) imperfect competition
C) monopolistic competition	D) oligopoly

Answer & Explanation Answer: C) monopolistic competition

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes.

In other words, large sellers selling the products that are similar, but not identical and compete with each other on other factors besides price.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 12802

Q:

How does an organization use Resources and Capabilities in creating value?

A) They are used to create value in the form of goods and services	B) They are used to create value to the IT organization for Service Support
C) They are used to create value to the IT organization for Service Delivery	D) They are used to create value in the form of output for production management

Answer & Explanation Answer: A) They are used to create value in the form of goods and services

Explanation:

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Filed Under: ITIL Certification

0 12786

Q:

The sex of a newborn baby is determined by the chromosome inherited from

A) The Father	B) The Mother
C) The Father's Father	D) Both A & B

Answer & Explanation Answer: A) The Father

Explanation:

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Filed Under: Biology
Exam Prep: AIEEE

74 12781

Q:

The activation energy for the reverse reaction is represented by

A) A	B) B
C) C	D) D

Answer & Explanation Answer: B) B

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

2 12777

Q:

Who planted the 'Tree of Liberty' at Srirangapatnam?

A) Tipu Sultan	B) Murshid Quli Khan
C) Hyder Ali	D) Chin Quilich Khan

Answer & Explanation Answer: A) Tipu Sultan

Explanation:

The Liberty Tree was a famous elm tree that stood in Boston before American Revolution.

The 'Tree of Liberty' at Srirangapatnam was founded in 1794 by French Republican officers with the support of Tipu Sultan.

Who_planted_the_Tree_of_Liberty_at_Srirangapatnam1554096029.jpg image

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

22 12777

Q:

Which of the following can a court issue for enforcement of Fundamental Rights

A) A decree	B) An ordinance
C) A notification	D) A Writ

Answer & Explanation Answer: D) A Writ

Explanation:

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Filed Under: Indian Politics

19 12775

Q:

In which of the following animals is respiration done by skin?

A) Flying fish	B) Sea horse
C) Frog	D) Chemeleon

Answer & Explanation Answer: C) Frog

Explanation:

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Filed Under: Animals and Birds

92 12774

Q:

Improve the bracketed part of the sentence.

(It is been seen) as a "prestige battle" for the PM and a litmus test for the president of the opposition party.

A) It have been seen	B) It is being seen
C) It had being seen	D) No improvement

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