1
Q:

The prices at which the government purchases food grains for maintaining the Public Distribution system (PDS) and for building up buffer - stock is known as :

A) minimum support prices B) procurement prices
C) issue prices D) ceiling prices

Answer:   B) procurement prices



Explanation:
Subject: Indian Economy
Q:

Patanjali and Reliance Jio has ranked _____ respectively, in Top 10 influencial Brands of India ?

A) 4 & 9 B) 3 & 10
C) 2 & 1 D) 5 & 6
 
Answer & Explanation Answer: A) 4 & 9

Explanation:

Ramdev promoted Patanjali Ayurveda and Reliance Jio have featured among the top 10 most influential brand in India, according to a study by the global research firm Ipsos.

Home grown Patanjali and Mukesh Ambani’s controlled Reliance Jio have bagged the fourth and ninth position, respectively. Interestingly, Patanjali and Reliance Jio made an impressive entry as they did not figure in the previous edition of the study.

Besides, Google has been ranked at the top slot while Microsoft and Facebook were ranked at number two and three, respectively. State Bank of India (SBI) being the only financial institution that made to the list, moved up four ranks to take the fifth position. E-commerce player Flipkart dropped three spots to take the tenth place while Amazon climbed couple of steps to take the sixth place. Other companies that made to the list include Samsung (7th) and Airtel (8th).

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

5 26
Q:

Who was appointed as Director General of Goods and Service Tax Intelligence (DG GSTI) ?

A) Uttam Singh B) Gurindar Chadha
C) Richard Verma D) John Joseph
 
Answer & Explanation Answer: D) John Joseph

Explanation:
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4 77
Q:

Paper currency first started in India in _____ ?

A) 1542 B) 1601
C) 1861 D) 1880
 
Answer & Explanation Answer: C) 1861

Explanation:
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6 106
Q:

Which of the following is the basic characteristic of Oligopoly ?

A) a few sellers, many buyers B) many sellers, a few buyers
C) a few sellers, a few buyers D) a few sellers, one buyer
 
Answer & Explanation Answer: A) a few sellers, many buyers

Explanation:
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Exam Prep: AIEEE , Bank Exams , CAT
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4 45
Q:

India has been ranked ___ in terms of competitiveness in the annual rankings compiled by Institute for Management Development.

A) 45th B) 145th
C) 107th D) 56th
 
Answer & Explanation Answer: A) 45th

Explanation:

India has been ranked 45th, down four notches from last year, in terms of competitiveness in the annual rankings compiled by IMD which saw Hong Kong topping the list. US was “pushed out” of the top three slots while Hong Kong consolidated its dominance of the annual rankings for the second year in the list compiled by the International Institute for Management Development’s (IMD) World Competitiveness Center.

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