Analyst Questions


Q:

The demand curve facing a perfectly competitive firm is

Answer

Demand curve is the relationship between price and quantity of product. In perfect competition, the demand curve for the product by a firm is perfectly elastic at maket price.

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Subject: Business Awareness Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which cultural influence came from the black power movement?

A) Change in Lifestyles B) Black Art Movement
C) Pride in Blackness D) Black is Beautiful
 
Answer & Explanation Answer: C) Pride in Blackness

Explanation:

Black Power Movement can be termed as a cultural revolution that changed African American’s view about blackness. This movement encouraged them to be proud of their history, culture, and identity and celebrate their uniqueness.

 

The cultural influence came from the black power movement is Pride in Blackness.

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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Mount Damavand is the highest peak in

A) Iraq B) Papua New Guinea
C) Oman D) Iran
 
Answer & Explanation Answer: D) Iran

Explanation:

Mount Damavand is the highest peak in Iran and also a potentially active volcano.

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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1 1137
Q:

The northwest ordinance of 1787 provided for the

A) Provided free public education in this territory B) banned slavery in this territory
C) Protected civil rights D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

4 1137
Q:

If two goods are complements, then

A) the cross-price elasticity of demand will be positive B) an increase in the price of one good will increase demand for the other
C) the cross-price elasticity of demand will be negative D) both B & C
 
Answer & Explanation Answer: D) both B & C

Explanation:

In economics, If two goods are complements, then the cross elasticity of demand is negative. That means a good's demand is increased when the price of another good is decreased. Conversely, the demand for a good is decreased when the price of another good is increased. It is opposite of substitute goods. 

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1134
Q:

An increase in the price level will cause a _ the aggregate demand curve.

A) shift up B) shift left
C) shift right D) None of the above
 
Answer & Explanation Answer: A) shift up

Explanation:

An increase in the price level will cause a movement up the aggregate demand curve.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Fixed cost per unit increases when

A) variable cost per unit decreases B) production volume decreases
C) variable cost per unit increases D) production volume increases
 
Answer & Explanation Answer: B) production volume decreases

Explanation:

Fixed cost per unit increases when production volume decreases. The fixed cost per unit does not always remain the same. Fixed cost per unit increases when production volume decreases and vice versa.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1133
Q:

Oil change intervals as specified by the vehicle manufacturer are

A) include miles driven between oil changes B) maximum time and mileage intervals
C) minimum time and mileage intervals D) only include time between oil changes
 
Answer & Explanation Answer: B) maximum time and mileage intervals

Explanation:

Oil change intervals as specified by the vehicle manufacturer are maximum time and mileage intervals.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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