Q:

What is the average price difference per kg (in Rs.) for vegetables between two years for the three months given in the following table?

A) Average price of vegetables in Year 1 is less than that in Year 2.	B) There is no difference in the average price.
C) Average price of vegetables in Year 2 is less than that in Year 1.	D) We cannot compare the prices

Answer & Explanation Answer: B) There is no difference in the average price.

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Filed Under: Quantitative Aptitude - Data Interpretation
Exam Prep: Bank Exams

0 1095

Q:

How many princely states were there in India at the time of Independence?

A) 347	B) 490
C) 565	D) 418

Answer & Explanation Answer: C) 565

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Filed Under: Indian History
Exam Prep: Bank Exams

4 1095

Q:

Which institution in India acts as 'lender of the last resort'?

A) Finance Ministry	B) Reserve Bank of India
C) Treasury	D) Currency Printing Presses

Answer & Explanation Answer: B) Reserve Bank of India

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Filed Under: Business Awareness
Exam Prep: Bank Exams

0 1095

Q:

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

A) Rs 5000 worth of consumer surplus	B) Rs 8000 worth of consumer surplus
C) Rs 5000 worth of producer surplus	D) Rs 8000 worth of producer surplus

Answer & Explanation Answer: C) Rs 5000 worth of producer surplus

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1094

Q:

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

A) 5%	B) 10%
C) 3%	D) 8%

Answer & Explanation Answer: C) 3%

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 1094

Q:

Which of the following statements is incorrect, if resources were unlimited?

A) there would still be scarcity and opportunity costs	B) there would still be scarcity but no opportunity costs
C) there would be no scarcity, but there would be opportunity costs.	D) there would neither be scarcity nor opportunity costs

Answer & Explanation Answer: C) there would be no scarcity, but there would be opportunity costs.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1093

Q:

India implemented the GST (Goods and Service Tax) from which month of 2017?

A) January	B) March
C) July	D) September

Answer & Explanation Answer: C) July

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1093

Q:

Least distance of distinct vision for normal eye is

A) 15 cm	B) 20 cm
C) 25 cm	D) 30 cm

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