Questions

Q:

A supply curve slopes upward because

A) an increase in price gives producers an incentive to supply a larger quantity. B) the quantity supplied of most goods and services increases over time.
C) an increase in input prices increases supply. D) as more is produced, total cost of production falls.
 
Answer & Explanation Answer: A) an increase in price gives producers an incentive to supply a larger quantity.

Explanation:

The supply curve slopes upward because for reflecting the higher price needed to cover the higher marginal cost of production. 

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Filed Under: Marketing and Sales
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which 6 banking entities of India became history on 1 April 2017 as they were merged with State Bank of India ?

Answer

Five associate banks of SBI – State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT), besides Bharatiya Mahila Bank (BMB) became part of the State Bank of India (SBI) on 1 April 2017. This merger catapulted SBI to among the top 50 banks in the world.


– With this six-way mega merger, the merged entity (SBI) will have a deposit base of more than Rs. 26 lakh crore and advances level of Rs. 18.50 lakh crore. It will have a total customer base of 37 crore with a branch network of around 24,000 and nearly 59,000 ATMs across the country.


– The government had in February 2017 approved the merger of these five associate banks with SBI. Later in March 2017, the Cabinet approved merger of BMB as well.


– SBI first merged State Bank of Saurashtra with itself in 2008. Two years later, State Bank of Indore was merged with it.

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Subject: General Awareness Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Economic growth is measured by

A) % of GDP B) % of NDP
C) % of expenditure D) % of percapita income
 
Answer & Explanation Answer: A) % of GDP

Explanation:

Economic growth is measured by the percentage of gross domestic product. GDP refers to the total value of goods and services produced in the country.

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

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Q:

Business fluctuations refer to

A) the ups and downs in overall business B) expansion is rapid
C) contraction is severe D) None of the above
 
Answer & Explanation Answer: A) the ups and downs in overall business

Explanation:

Business fluctuations refer to the ups and downs in overall business activity measured by changes in national​ income, employment and the price level.

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

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Q:

Improve the bracketed part of the sentence.
The real principle behind love is to see the (underlied) divine consciousness in everything.

A) underlying B) underlay
C) underlie D) No improvement
 
Answer & Explanation Answer: A) underlying

Explanation:
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Filed Under: English

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Q:

Reflex actions are controlled by

A) The Spinal Chord B) The Nerves
C) The cells D) The Brain
 
Answer & Explanation Answer: A) The Spinal Chord

Explanation:

A reflex arc is a neural pathway that controls a reflex. In vertebrates, most sensory neurons do not pass directly into the brain, but synapse in the spinal cord. This allows for faster reflex actions to occur by activating spinal motor neurons without the delay of routing signals through the brain.

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank PO

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Q:

Who described his policy of unification as one of 'blood and iron'?

A) Bismarck B) Napoleon
C) Mazzini D) Napoleon Bonaparte
 
Answer & Explanation Answer: A) Bismarck

Explanation:

With the failure of the revolution of 1848 to unify Germany, one phase in the struggle for unification came to an end. Now Germany was to be unified not into a democratic country by the efforts of revolutionaries but by the rulers into a militaristic empire. The leader of this policy Bismarck who belonged to a prussian aristocratic family. He wanted to preserve the predominance of the landed aristocrats and the army in the united German state and to achieve the unification of Germany under the leadership of Prussian monarchy. He described his policy of unification as one of 'blood and iron'. The policy of 'blood and iron' meant a policy of war.

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Filed Under: World History

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Q:

There were 42 students in a hostel. Due to the admission of 13 new students, the expenses of the mess increase by Rs. 30 per day while the average expenditure per head diminished by Rs. 3. What was the original expenditure of the mess ?

A) Rs. 630 B) Rs. 580
C) Rs. 470 D) Rs. 690
 
Answer & Explanation Answer: A) Rs. 630

Explanation:
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