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Q:

In perfect competition _____.

A) Products can be similar or different B) Producer can control price by controlling production
C) Demand curve is perfectly elastic D) All firms make economic profit in the long run
 
Answer & Explanation Answer: C) Demand curve is perfectly elastic

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

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

A) BEH B) DGJ
C) HKN D) MNO
 
Answer & Explanation Answer: D) MNO

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

Evaporation of water takes place in which part of plants?

A) Stem B) Stomata
C) Branch D) Fruit
 
Answer & Explanation Answer: B) Stomata

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The existence of a parallel economy (black money) ___________.

A) makes economy more competitive B) makes the monetary policies less effective
C) ensures a better distribution of income and wealth D) ensures increasing productive investment
 
Answer & Explanation Answer: B) makes the monetary policies less effective

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If a mirror is placed on the line MN, then which is the right image of the given figure?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

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Filed Under: Image Analysis
Exam Prep: Bank Exams

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Q:

The global Multidimensional Poverty Index (MPI) is an international measure of acute poverty covering over 100 developing countries. Global Multidimensional Poverty Index given by-? 

A) UNESCO B)  UNCTAD 
C) UNDP D) OECD
 
Answer & Explanation Answer: C) UNDP

Explanation:

The global Multidimensional Poverty Index (MPI) is an international measure of acute poverty covering over 100 developing countries. Global Multidimensional Poverty Index given by United Nations Development Programme (UNDP).

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams

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Q:

A piece of paper is folded and cut, as shown below in the question figures. Front the given answer figures, indicate how it will appear when opened.

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Filed Under: Paper Folding
Exam Prep: Bank Exams

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