Q:

Which of the following tax systems will help to reduce economic inequalities in India?

A) Regressive Tax	B) Progressive Tax
C) Flat rate tax	D) None of these

Answer & Explanation Answer: B) Progressive Tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

1 1469

Q:

Find arc elasticity of demand, if quantity demanded falls from 4600 to 4200 when price of the item is increased from Rs 960 to Rs 1000?

A) -2.23	B) -2.09
C) 2.23	D) 2.09

Answer & Explanation Answer: A) -2.23

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1469

Q:

The economic way of thinking stresses that

A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.	B) changes in personal costs and benefits generally fail to exert much impact on behavior.
C) if a good is provided by the government, its production will not consume valuable scarce resources.	D) if one individual gains from an economic activity, then someone else must lose and in the same proportion.

Answer & Explanation Answer: A) incentives matter--individuals respond in predictable ways to changes in personal costs and benefits.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1469

Q:

The compound interest on Rs. 64,000 for 3 years, compounded annually at 7.5% p.a. is Rs. 64,000

A) Rs. 14,400	B) Rs. 15,705
C) Rs. 15,507	D) Rs. 15,075

Answer & Explanation Answer: C) Rs. 15,507

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Filed Under: Quantitative Aptitude - Arithmetic Ability

0 1469

Q:

The 'Cabinet Mission' of 1946 was led by

A) Lord Linlithgow	B) Lord Mountbatten
C) Sir Pethic Lawrence	D) Sir Mountford

Answer & Explanation Answer: C) Sir Pethic Lawrence

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Filed Under: Indian History
Exam Prep: Bank Exams

3 1469

Q:

The Peacock Throne was a famous jewelled throne that was the seat of the ________ emperors of India.

A) Maurya	B) Gupta
C) Mughal	D) Maratha

Answer & Explanation Answer: C) Mughal

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Pablo Picasso was from _____.

A) India	B) UK
C) Spain	D) Italy

Answer & Explanation Answer: C) Spain

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Filed Under: World Geography
Exam Prep: Bank Exams

1 1469

Q:

In India the reform policies were first introduced in which year?

A) 1951	B) 1971
C) 1991	D) 2001

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