General Knowledge Questions

Q:

In perfect competition a firm maximizes profit by _____.

A) setting price such that price is equal to or greater than its marginal costs B) setting output such that price equals average total costs
C) setting output such that price equals marginal costs D) setting price so that it is greater than marginal cost
 
Answer & Explanation Answer: C) setting output such that price equals marginal costs

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: Honesty is an important principle that must govern our lives.
Q: Honesty is reflected in our words and deeds.
R: When we speak the truth we state the facts as they are.
S: We may find it convenient to avoid telling the truth, but if we are honest we should say the truth whatever may be the repercussions.

A) SRQP B) SPQR
C) QRPS D) PQRS
 
Answer & Explanation Answer: D) PQRS

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Filed Under: English
Exam Prep: Bank Exams

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Q:

The _________ balance is equal to capital flows from the rest of the world, minus capital flows to the rest of the world.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: C) Capital Account

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

If the force applied on the object is in the direction of its motion, the speed of the object __________.

A) increases B) stops
C) decreases D) no effect
 
Answer & Explanation Answer: A) increases

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

The reaction of Copper Sulphate and Iron produces Iron Sulphate and __________.

A) Vinegar B) Ash
C) Baking Soda D) Copper
 
Answer & Explanation Answer: D) Copper

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

If a healthy freshwater fish is placed in salt water, what will be the expected consequence ?

A) The fish becomes dehydrated and dies B) The fish becomes bloated and dies
C) The fish suffers from fungal or bacterial disease and dies D) There is no observable effect on the fish provided there is sufficient food
 
Answer & Explanation Answer: A) The fish becomes dehydrated and dies

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

The company refunded the customer's money in _______________ with the laws.

A) according B) accordingly
C) accordance D) accord
 
Answer & Explanation Answer: C) accordance

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following is false with reference to a photo-voltaic cell?

A) It is another name as solar cell B) It can be used as infra-red detectors
C) It can store light energy in the form of electrical energy D) It converts electric energy into light energy
 
Answer & Explanation Answer: D) It converts electric energy into light energy

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Filed Under: Physics
Exam Prep: Bank Exams

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