Questions

Q:

In April 2017, Agriculture Ministry Unveiled Model APMC Act. The new Act proposes to put a Cap on Mandi taxes at what rate (in percent) for food grain?

A) 5 B) 1
C) 2.5 D) 8
 
Answer & Explanation Answer: B) 1

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Recession is ___________.

A) reduction in production and employment for want of sufficient demand for goods B) rise in the cost of production, especially because of wage increase
C) increase in money supply without a matching increase in production D) No option is correct
 
Answer & Explanation Answer: A) reduction in production and employment for want of sufficient demand for goods

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Filed Under: Indian Economy
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Q:

Which of the following plant tissues is capable of cell division?

A) Parenchyma B) Sclerenchyma
C) Meristem D) Xylem
 
Answer & Explanation Answer: C) Meristem

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Filed Under: Biology
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Q:

The Shanti Swarup Bhatnagar Prize is annually awarded for outstanding achievement in which area?

A) Science and Technology B) Indian Classical Music
C) Tribal Art Forms D) Literature
 
Answer & Explanation Answer: A) Science and Technology

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


In a dynamic society everything is provided for by law and only a few things are __________ to politicians. The universe is governed ________ law. The inverse square law __________ the earth in its orbit and the law of atomic fusion keeps the sun shining ________ the whole earth. Likewise, the law should govern a nation where the judge, the police and the civil servant dispense ___________ to the citizen.

 

a few things are __________ to politicians.

 

A) right B) leave
C)  with D) left
 
Answer & Explanation Answer: D) left

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

A) (a) Oligopoly, (b) Pure competition B) (a) Monopolistic competition, (b) Oligopoly
C) (a) Pure Monopoly, (b) Pure competition D) (a) Oligopoly, (b) Pure Monopoly
 
Answer & Explanation Answer: D) (a) Oligopoly, (b) Pure Monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

On 25 October 2017, government announced a recapitalisation plan for state-owned banks. How much amount was announced for Banks’ recapitalisation?

 

A) Rs 3.11 lakh crore B) Rs 5.1 lakh crore
C) Rs 2.11 lakh crore D) Rs 7 lakh crore
 
Answer & Explanation Answer: C) Rs 2.11 lakh crore

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

If the average total cost are Rs 2400, average variable cost is Rs 1700 and quantity produced is 75 units, find the total fixed costs of the firm?

A) Rs 52500 B) Rs 127500
C) Rs 180000 D) Rs 60000
 
Answer & Explanation Answer: A) Rs 52500

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Filed Under: Indian Economy
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