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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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Q:

The circumference of a circle is equal to the perimeter of an equilateral Δ. If the radius of the circle is 14 cm what is the length of the side of the equilateral Δ?

A) 88 cm B) 88/3 cm
C) 88/√3 cm D) 88√3 cm
 
Answer & Explanation Answer: B) 88/3 cm

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Filed Under: Volume and Surface Area
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Q:

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

A) 2437 B) 9118
C) 8548 D) 7649
 
Answer & Explanation Answer: A) 2437

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Q:

An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______.

A) Zero percent B) One percent
C) 0.5 percent D) More than one percent
 
Answer & Explanation Answer: B) One percent

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Q:

The pie chart given below shows the runs scored by a player against 6 different countries. The total runs scored by the player against these countries are 1600.

The difference between the runs scored against England and Pakistan is same as the difference between which of the following two countries?

A) South Africa and Sri Lanka B) South Africa and New Zealand
C) Australia and Sri Lanka D) Australia and New Zealand
 
Answer & Explanation Answer: D) Australia and New Zealand

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Filed Under: Pie Charts
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Q:

Backward bending supply curve belongs to which market?

A) Capital B) Labour
C) Money D) Inventories
 
Answer & Explanation Answer: C) Money

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Filed Under: Indian Economy
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Q:

The 2018 ASEAN India Film Festival was held in which of the following cities?

A) Lucknow B) New Delhi
C) Pune D) Gurugram
 
Answer & Explanation Answer: B) New Delhi

Explanation:

The ASEAN India Film Festival 2018 was held in New Delhi. It was inaugurated by Information and Broadcasting Minister Col. (Retd) Rajyavardhan Singh Rathore.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales D) How long it takes to sell merchandise inventory
 
Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

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