Q:

In which of the following types of economy are the factors of production owned individually?

A) Capitalist	B) Socialist
C) Mixed	D) Both Capitalist and Socialist

Answer & Explanation Answer: A) Capitalist

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following is NOT correctly matched?

A) Sandstone - conglomerate	B) Limestone - Marble
C) Granite - Basalt	D) Gabbro - Serpentine

Answer & Explanation Answer: A) Sandstone - conglomerate

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Where is Major Dhyan Chand National Stadium located?

A) Patna	B) Shimla
C) New Delhi	D) Agartala

Answer & Explanation Answer: C) New Delhi

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

India shares water border with ___ countries.

A) Three	B) Four
C) Five	D) Seven

Answer & Explanation Answer: D) Seven

Explanation:

India's maritime boundaries are shared with seven countries — Pakistan, Maldives, Sri Lanka, Indonesia, Thailand, Myanmar and Bangladesh.

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Exam Prep: Bank Exams

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Q:

On which river is the city Madurai situated?

A) Cooum	B) Kaveri
C) Vaigai	D) Pennar

Answer & Explanation Answer: C) Vaigai

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Q:

The difference between exports and imports is called-?

A) assets and liabilities	B) balance of payment
C) GDP	D) balance of trade

Answer & Explanation Answer: D) balance of trade

Explanation:

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

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Exam Prep: AIEEE , Bank Exams , CAT

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Q:

When there is only one buyer and one seller of product, it is called _____ situation.

A) Public monopoly	B) Bilateral monopoly
C) Franchised monopoly	D) Monopsony

Answer & Explanation Answer: B) Bilateral monopoly

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Q:

The credit for classifying the elements on the basis of their atomic masses goes to

A) John Dalton	B) John Alexander Reina Newlands
C) Dmitri Mendeleev	D) Johann Wolfgang Dobereiner

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