Exams


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:

Which  of  the  following  statements  about the  Trans-Pacific  Partnership  (TPP)  is  /are correct?

1.The  TPP  was  signed  by  12  Pacific  Rim nations in the year 2015.

2.The TPP is likely to be a game-changer in  global  trade  as  member  countries account  for  about  40  percent  of  global GDP.

3.India is a founder member of TPP.

Select  the  correct  answer  using  the  code given below.

A) 1, 2 and 3 B) 1 and 2 only
C) 2 and 3 only D) 1 only
 
Answer & Explanation Answer: B) 1 and 2 only

Explanation:

3  is  incorrect,  as  India  is  not  a member of TPP

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which one of the following statements is not correct with respect to Article 32 of the Constitution of India?

A) It provides remedies to citizens for the enforcement of fundamental rights.   B) It is a part of fundamental rights.
C) The Supreme Court cannot refuse a writ petition under Article 32 on the ground of delay. D) Protection under Article 32 also applies to the enforcement of ordinary law which has nothing to do with the fundamental rights.
 
Answer & Explanation Answer: D) Protection under Article 32 also applies to the enforcement of ordinary law which has nothing to do with the fundamental rights.

Explanation:

Protection under Article 32 applies only to the fundamental rights as provided by the Constitution.

 

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

If the radius of the cylinder is decreased by 20%, then by how much percent the height must be increased, so that the volume of the cylinder remains same?

A) 20 B) 36.25
C) 56.25 D) 65
 
Answer & Explanation Answer: C) 56.25

Explanation:
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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

Who is the author of "The Immortals of Meluha (Shiva Trilogy)"?

A) Amish Tripathi B) Durjoy Datta
C) Keshav Aneel D) Savi Sharma
 
Answer & Explanation Answer: A) Amish Tripathi

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

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

DEF, ? , OPQ , VWX

A) HIJ B) GHI
C) IJK D) IPV
 
Answer & Explanation Answer: C) IJK

Explanation:
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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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Q:

In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

 

Statement I: Some perfumes are incenses

Statement II: All perfumes are oils

 

Conclusion I: Some incenses are oils

Conclusion II: No oils are incenses

 

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusions I and II follow D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: A) Only conclusion I follows

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Filed Under: Statement and Conclusions
Exam Prep: Bank Exams

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Q:

Working capital is a measure of

A) liquidity B) consistency
C) profitability D) solvency
 
Answer & Explanation Answer: A) liquidity

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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