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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

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Product of digits of a 2-digit number is 24. If we add 45 to the number, the new number obtained is a number formed by interchange of the digits. What is the number?

A) 83 B) 64
C) 46 D) 38
 
Answer & Explanation Answer: D) 38

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Filed Under: Problems on Numbers
Exam Prep: Bank Exams

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Q:

The demand curve _____.

A) shows that as the price of a good increases, demand for the good will increase B) shows that as the price of a good increases, demand for the good will decrease
C) has a positive gradient D) indicates that there is a direct relationship between quantity demanded and price
 
Answer & Explanation Answer: B) shows that as the price of a good increases, demand for the good will decrease

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If the amount received at the end of 2nd and 3rd year at Compound Interest on a certain Principal is Rs 25088, and Rs 28098.56 respectively, what is the rate of interest?

A) 6 percent B) 24 percent
C) 12 percent D) 19 percent
 
Answer & Explanation Answer: C) 12 percent

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Filed Under: Compound Interest
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Select the correct alternative from the given ones that will complete the series.

 

GX, HW, IV, ?, KT

 

A) JU B) KU
C) JV D) JS
 
Answer & Explanation Answer: A) JU

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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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Q:

Aman started running from his school, he first ran for 11 km towards south, then he turned towards west and ran √23 km in that direction. How far (in km)and in which direction is Aman now from his school?

A) 10, South-West B) 15, South-East
C) 12, South-West D) 17, South-East
 
Answer & Explanation Answer: C) 12, South-West

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Filed Under: Direction Sense Test
Exam Prep: Bank Exams

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Q:

As per the data released by the Income­Tax Department in December 2017, how much percent of total population paid income tax in the assessment year 2015­16?

A) 1.7 B) 5.7
C) 9.7 D) 11.7
 
Answer & Explanation Answer: A) 1.7

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The line graph shows the exports by a certain company. Study the diagram and answer the following questions.

 

 

 

In which year were the exports greater than that of the previous year?

 

A) 2016 B) 2015  
C) 2017   D) 2014
 
Answer & Explanation Answer: B) 2015  

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Filed Under: Line Charts
Exam Prep: Bank Exams

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