Q:

Which of the following is called GDP Deflator?

A) Ratio of nominal to real GDP	B) Ratio of nominal to real GNP
C) Ratio of nominal to real CPI	D) Ratio of real to nominal GNP

Answer & Explanation Answer: A) Ratio of nominal to real GDP

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which one of the following oxides of Nitrogen is also known as Laughing Gas?

A) NO2	B) N2O5
C) NO	D) N2O

Answer & Explanation Answer: D) N2O

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In which year did Ole Romer measure the speed of light for the first time in the history?

A) 1776	B) 1676
C) 1876	D) 1867

Answer & Explanation Answer: B) 1676

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Article 21 of the Indian Constitution "Protection of life and personal liberty" deals with?

A) the Union Government	B) the fundamental rights of the Indian Citizen
C) the State Government	D) the directive principles of state policy

Answer & Explanation Answer: B) the fundamental rights of the Indian Citizen

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In August 2017, National Highway Authority of India (NHAI) launched two mobile apps named ‘MyFASTag’ and ‘______’.

A) FASTag Lane	B) FASTag Partner
C) FASTag First	D) FASTag Life

Answer & Explanation Answer: B) FASTag Partner

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

____ jointly launched International Solar Alliance (ISA) at Conference of Parties (CoP21) Climate Conference held in Paris, France on 1st December 2015.

A) India and China	B) India and France
C) India and USA	D) India and Russia

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